This paper on Candida rugosa reviews its taxonomy, morphology, cultiva
tion methods and inducers for its lipase production. A brief account o
n isolation and purification of C. rugosa lipases along with biotechno
logical versatility is presented,which outlines its broadening horizon
s in the industrial world. In addition, a list of major lipase produci
ng microorganisms such as bacteria, fungi, and yeasts is also included
, in view of their co-existence in bio-industry.