Agritech- Incubator launched by Jindal Steels

Agritech- Incubator launched by Jindal Steels

Posted by Vivek Nama on June 13th 2017

An incubation centre for Agritech start-ups was launched in India by Jindal Stainless Ltd. in collaboration with a Japanese company called Future Venture Capital Company Ltd.

The announcement was made at the ‘Krisi Unnati’ event organised by the Confederation of Indian Industry (CII) in Bhubaneswar. Reportedly, the deal agreement has already been signed and around 5-10 startups will be selected for incubation.
 
The incubation centre will also have a co-working space along with an international standard laboratory. The selected agritech startups will get an opportunity to network with Japanese companies via an intensive programme led by experienced mentors.
 
As shared by Abhyuday Jindal, Vice Chairman of Jindal Stainless Ltd, the coworking space for the incubation centre will be located at Jindal Stainless’ office complex at Gurugram and alongside their office at Bhubaneswar and laboratories across intervention areas.
 
Jindal also suggested the four progress stages of farmer outcomes. This includes – strengthening existing value change, shifting to higher value crops, diversifying income sources and conserving and managing natural resources.
(Reported first in Inc42)

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