M. Soundariya Preetha
COIMBATORE: The Central Institute for Research on Cotton Technology (CIRCOT) is offering incubation service to entrepreneurs interested in commercialising technologies developed by it for cotton production and processing, according to Institute Director S. Sreenivasan.
The CIRCOT organised a meeting on Tuesday to discuss business development programme for CIRCOT technologies.” Mr. Sreenivasan told the participants that the institute was developing business models for 15 technologies.
He explained that under the World Bank-funded National Agricultural Innovation Project, the Indian Council of Agricultural Research had established a Zonal Technology Management and Business Planning and Development unit at CIRCOT.
It would provide technical support and related services to those interested in commercialising the technologies developed by the CIRCOT for cotton and other crops in the Western Zone.
The project had four components and one of them was organisational improvement. The other works taken up through the project were for value addition in agricultural crop with a holistic approach, livelihood improvement for farmers and research on agricultural commodities.
Under the organisational improvement component, incubation services were being offered from January this year. Through this service, technologies related to cotton production and processing and other crops would be projected as a viable business opportunity.
Any new or existing entrepreneur, who registered for the service, would be given technical support and related services. The three-year project started in January this year. Already 22 entrepreneurs had registered with the institute for business development.
Inaugurating the meeting, Vice-Chairman of the Southern India Mills’ Association T. Rajkumar said the association identified three technologies that could be taken up by entrepreneurs in this region.
These were related to cotton biomass as raw material, technology to dye cotton yarn and fabric with natural dyes and production of biogas from textile mill waste.
A couple of biogas plants were working in the North, adopting the CIRCOT technology. A 20-tonne a day plant had also been set up at Chikkanaragund in Karnataka to make particle boards from cotton plant stalk, he said.