![]() Financial Daily from THE HINDU group of publications Saturday, Mar 26, 2005 |
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Agri-Biz & Commodities
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Research & Development Icrisat signs MoU with Nandan Biomatrix Our Bureau
Hyderabad , March 25 THE International Crops Research Institute for the Semi-Arid Tropics (Icrisat) has signed a memorandum of understanding (MoU) with Nandan Biomatrix Ltd. The MoU envisages collaboration on wasteland development through the raising of bio-fuel plantations, research and development for development of superior varieties and improved agronomic practices. The collaboration will also encompass R&D on medicinal plants for deriving nutraceuticals. The Director General of Icrisat, Dr William D Dar, and the Managing Director of Nandan Biomatrix Ltd, Mr V. Bhaskar Rao, signed the MoU. The Agri-Science Park at Icrisat will host this project. Apart from providing expertise and technical backstopping services, Icrisat will also extend infrastructure support through its modern labs and propagation and farm facilities.
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