Central Institute of Fisheries Technology, Cochin signed one of a kind Memorandum of Understanding with Hyderabad based company, M/s Uniloids Biosciences. With this MoU, Uniloids Biosciences will have access to the unique and innovative technology developed by CIFT to convert process waste of prawns to Chitin and Chitosan. Chitin and Chitosan finds wide usage in various industries like pharma, food processing, cosmetics etc. Under the MoU, the Zonal Technology Management-Business Planning & Development (ZTM-BPD) Unit along with the Divisions of Fish Processing and Quality Assurance and Management of CIFT will further provide training and support to M/s Uniloids Biociences for commercializing the technology.
The MoU was signed by Dr. T.K. Srinivasa Gopal, Director, on behalf of CIFT, Cochin and Shri Chandra Sekhar Yadav, Managing Director, M/s Uniloids Biosciences Pvt. Ltd., in presence of the members of Institute Technology Management Unit and ZTM-BPDU in a simple function held at CIFT, Cochin on 13th June, 2011. Signing the MoU, Dr. Srinivasa Gopal said that the deal indicates the latent demand for technologies developed at various institutes in India. CIFT can cater to some unique demands of the industry. It is prepared to facilitate transfer of commercially viable technologies and to extend its expertise in the field. The industries cutting across all domains are urged to access CIFT to understand and then commercially exploit the various technologies developed in the labs.
The ZTM-BPD unit at CIFT, Cochin is an agri-Business Incubator facility providing ‘one-stop-shop solution’ to meet all business needs of an entrepreneur. Supported by Indian council of agricultural research (ICAR) through National Agricultural Innovation Project (NAIP), ZTM-BPD Unit helps entrepreneurs access technologies and expertise available at agricultural institutes in South India.