Saturday, 21 October 2017

Assam to establish technology incubation centre

20 September 2017 | News

The initiative will facilitate faster penetration of biotech industry and accelerate research & development activities.

Courtesy- hboemtb.com

Courtesy- hboemtb.com

The Assam government has started a process to set up a technology incubation centre at Guwahati Biotech Park, seeking to promote new businesses in biotechnology and allied areas.

The initiative will facilitate faster penetration of biotech industry and accelerate research & development activities in biotechnology and related fields with effective utilisation of the rich natural resources of this region. It will also help educate and utilise local human resources.

Assam and the Northeast are rich in natural resources and its biodiversity holds potential to capture the markets of the entire Southeast Asia through concentration in the organic sector. Biotechnological interventions can immensely help Assam in becoming an organic hub.

A judicious mix of biotechnological know-how and conventional farming would immensely gear up the agro-based industry in the state.

64 bighas of land have already been earmarked for setting up a permanent campus for the Guwahati Biotech Park at Amingaon. The government has sanctioned Rs 35 crore for the construction of the technology incubation centre and work for it is expected to complete in 2019.

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