Chennai, NFAPost: Nutra-consulting firm and Ideas-To-Commercialisation platform Nutrify India has announced its partnership with National Research Development Corporation (NRDC).
NRDC was established in 1953 by the Government of India, with the primary objective to promote, develop and commercialise technologies from various national R&D institutions and universities, and is presently working under the administrative control of the Department of Scientific & Industrial Research, Ministry of Science & Technology.
The partnership has been created with an aim to promote, develop, nurture and commercialise innovative, reliable and competitive technologies from R&D institutes through value addition.
The association has already resulted in one big success story of EspererOnco Nutrition and now there are Nutra startups in India which will be jointly screened by Nutrify India and NRDC to support them till commercialisation. Nutrify India will continue hand holding till larger market access in India and abroad. As per this agreement, Nutrify India will have an office representation in NRDC headquarters too.
Nutrify India Chief Catalyst Amit Srivastava said, “Post -Covid 19, the Nutraceuticals space has witnessed unprecedented growth as preventive health has sharply come into focus. Nutrify India is focused on helping expanding business horizons for companies in the Nutraceutical space by helping them with business collaborations and creating synergies.”
With this collaboration, it plans to create an innovative ecosystem for all startups.
“India is a fast-growing Nutraceutical hub and if it has to evolve into a global epicenter of nutraceuticals then it has to be concerted effort by industry bodies like Nutrify India and government bodies like NRDC,” NRDC Regional Head BK Sahu said.
“We are privileged to join hands with Nutrify India along with many universities and institutions. With this collaboration, the objective is to protect the indigenous process and product so that it could be make it market table export potential. Today, intellectual property is very important for all the sector of the technology without that we are not going to mitigate the challenge what we have been facing,” he added.