SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 29 Mar, 2021  

India.Bangladesh.9.Thmb.jpg India, Bangladesh partner on rural technologies

   Top Stories
» 28 Indian startups raised over $800 mn in funding this week
» GST Council waives interest, penalty on notices to taxpayers under Section 73
» India's innovation ecosystem poised for exponential growth: Industry
» India's innovation ecosystem poised for exponential growth: Industry
» Overseas Indians faith grows in Indian economy with $1 billion deposits in April
SME Times News Bureau | 29 Mar, 2021

FICCI and ThinkThrough Consulting Bangladesh announced partnership to jointly promote and commercialize grassroot technologies developed in India and Bangladesh.

The announcement was made as part of the RuTAG Technology Commercialization Programme which is led by the Office of the Principal Scientific Advisor to the Government of India and implemented by FICCI.

A bouquet of 49 technologies received under the RuTAG (Rural Technology Action Group) programme will be offered to industry, social Start-ups and NGOs in Bangladesh.

These technologies have been developed at RuTAG centres housed across seven Indian Institutes of Technology (IITs) in India and focus on problems associated with marginal communities in rural areas.

RuTAG innovations such as floating fish cages for inland aquaculture, powerless solar dryer for food processing, cold storage powered by pico hydro among others respond to real life problems faced by rural populations.

The technologies are across a wide range of sectors including environment, agriculture and farming, textiles, manufacturing, food processing and aquaculture among others.

Besides technology transfer, capacity building support and virtual training sessions will also be provided to Bangladesh entrepreneurs to seamlessly absorb the Indian technologies.

The announcement was made on the side-lines of the visit of Prime Minister, Mr Narendra Modi's visit to Bangladesh.

K Vijay Raghavan, Principal Scientific Adviser to the Government of India stated, "Science and Technology collaboration between India and Bangladesh is towards social and economic development in the region. Both nations can gain immensely through knowledge exchange and technology partnerships. The RuTAG program provides a wide range of grass root innovations that have the ability to create rural livelihood opportunities in Bangladesh."

Ketaki Bapat, Senior Scientist and Co-ordinator RuTAG program, at the Office of the PSA said, "The RuTAG technologies have been developed at the finest institutions in India. We wish to share these technologies with social entrepreneurs in Bangladesh assuring complete handholding support and leveraging digital technologies for successfully adopting these technologies."

Sanjay Nayak, Chair, FICCI S&T Committee and MD, Tejas Networks reiterated, "Through the RuTAG Program, FICCI remains committed to scale Indian innovations in BIMSTEC countries with a special focus on Bangladesh. Bangladesh has been a long-standing development partner of India and there is tremendous potential for our nations on collaborating on the technology front."

Speaking on the partnership, Parul Soni, Global Managing Partner, Think through Consulting stated, "We are delighted to partner with the RuTAG Technology Commercialization Programme. Technological innovations can help rural communities in the world by increasing their income and their yields. While these reduce their risks arising on account of climate change and other natural disasters, these increase their opportunities too."

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
Will the Budget 2024 be MSME friendly
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter