Bio Green Industries was established in 1985. Initially the name of the company was Suryamukhi Trading & Finance Limited and later on it changed to Bio-Green Industries.
Bio Green's bio fuel model is based on Jatropha produce. Large plantings and nurseries of Jatropha curcas tree have been undertaken in India by women's Self Help Groups, using a system of micro credit to ease poverty among the nation's semi-literate population of women. Jatropha has been selected by the Indian Government as one of the plants to provide alternative fuel for the coming years. The government has identified 400,000 square kilometers (98 million acres) of land where jatropha can be grown, hoping it will replace 20% of diesel consumption by 2011. This has provided much needed employment to the rural poor of India and also a means to energy Independence to India.
Business area of the company:
The company’s main line of business is that of manufacturing of Kraft paper (used in making corrugated boxes, Paper Tube / Cone / Core / Match Boxes / Shoe Boxes, Cosmetic Containers etc.) and Duplex Board (used in Gift Boxes / Shoe Boxes / Product Packaging boxes/Food Packaging/ Flat Files.) These two businesses are the major contributors to the revenue.