Mumbai-based Advanced Enzyme Technologies (AETL) is investing Rs.115 crore to set up three biotech production facilities.

Among the plants, a 100 per cent export oriented plant, with an investment of Rs.40 crore will start by May 2007 at the special economic zone in Indore. Other Rs.35 crore plant at Jalna in Maharashtra will manufacture enzymes for agricultural, animal health and food industries. The third plant at Shahapur near Mumbai, within two years, will manufacture industrial enzymes for textile and leather industries

Currently, AETL manufactures about 400 types of enzymes for various industrial applications, including anti-inflammatory, digestive, cardiac care, probiotics and prebiotic enzymes for the pharmaceutical industry. It also manufactures nutraceutical and animal healthcare enzymes.

The company has two research and development (R&D) centres employing about 70 scientists and will soon spend another Rs.20 crore to scale up its research activities.