In its endeavour to boost the export value chain, the Agricultural and Processed Food Products Export Development Authority (APEDA) has signed a Memorandum of Understanding (MoU) with the National Research Development Corporation (NRDC).
The MoU has been signed for the implementation of the Agri Export Policy and to strengthen the export value chain. As per the MoU document, both organisations will cooperate in collaborative projects for the commercialisation of embedded technology related to agri and food processing at various levels of the value chain to boost the export of agri products.According to the agreement, the key areas of cooperation include developing and improvising farm machinery for low cost, user-friendly and energy-efficient tools for small scale farmers, promoting and supporting Agri-start-ups associated with the NRDC Incubation Centre (NRDCIC) for engagement in agri-exports and strengthening of the startup ecosystem, and nomination of expert resources of NRDC and APEDA for mutual knowledge sharing.