MoA signed for incubation of groundnut/soy processing
MoA was signed between ICAR-CIPHET and Narinder Singh, a budding entrepreneur of Ludhiana
Ludhiana, September 10, 2021: Agribusiness, the business sector encompassing farming and farming-related commercial activities which involves all the steps required to send an agricultural good to market: production, processing and distribution. But due to lack of awareness rural youth are not getting any benefit. Keeping in view the above facts, under ABI project, ICAR- CIPHET Ludhiana is providing incubation facilities for selected technologies. Mr. Narinder Singh from Ludhiana approached CIPHET for incubation facility of groundnut/soy processing, as groundnut/soy based products are loaded with protein & fibre, antioxidant properties along with aids in preventing cancer, regulate blood sugar and being low fat makes it critically important for individuals on diets or people who have to enhance their overall health. A MoA for incubation of groundnut/soy processing was signed between ICAR-CIPHET and Mr. Narinder Singh for this on 10 Sept 2021. Dr.Nachiket Kotwaliwale (Director ICAR-CIPHET), with the CIPHET team including Dr. Ranjeet Singh (PI ABI), Dr. D.N. Yadav (Pr. Inventor and I/c Head ToT), Sh. Manni Lal, (F&AO) and Er. Alka Sharma (RA) were present on the occasion. Mr. Narinder Singh will manufacture vegan peanut paneer and other peanut products such as low fat peanut milk and fruit flavoured peanut whey drink. Dr. Nachiket Kotwaliwale assured him that all possible help will be extended for establishment of agribusiness unit and start-up after successful completion of incubation.