The University of Tuskegee, Alabama, US and Prathista Industries have signed a memorandum of understanding (MoU) for transfer of technology in eco-friendly agri-based products.
A high-level scientific team from Tuskegee University, led by its President, Dr Gilbert L. Rochon, and Mr KVSS Sairam, CEO and President of the Hyderabad-based Prathista Industries signed the formal MoU here yesterday.
Prathista Industries has research facilities in Choutuppal on the outskirts of Hyderabad.
The company is into producing eco-friendly agri and veterinary products.
Later, speaking at the meeting organised by the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI), Dr Gilbert said that the university has distinctive strengths in the sciences, architecture, business, engineering and health.
He said agricultural industries account for more than $43 billion or about 22 per cent of the direct output of the Alabama economy.
Approximately 79 per cent of the US consumer food dollar goes to processing and marketing functions, with only 21 per cent going to farmers.
The team from Tuskegee University included Dr Gopal Reddy, Associate Dean for Research & Advanced Studies, Dr Shaik Jeelani, Vice-President for Research & Sponsored Programs. Dr Vijay Rangari, Associate Professor, Nanotechnology, presented various research activities at the university and possible areas of collaboration with Indian counterparts.
Mr Sairam of Prathista Industries, Mr Srinivas Ayyadevara, Vice-President, and Mr M.V. Rajeshwara Rao, Secretary General of FAPCCI also spoke.