Rs 2400 cr tech to modernise the leather ind
Deepak Kumar Underscoring the need to strengthen India’s leather industry, which has not been able to achieve its potential growth over the past few years, the government on Thursday announced a Rs. 2400 crore technology mission programme to modernise the leather industry and enable a multifarious growth to the sector.Addressing the press conference on Thursday, Science and Technology Minister Dr Harsh Vardhan said,"Efforts are being further leveraged which would provide a new impetus to the leather industry to manufacture and launch value-added products. The focus is on MSME in particular which feeds the larger industry segment."The leather sector generates $12.5 billion revenue, which is significantly lower than the sector’s potential. The Narendra Modi -led government envisages to achieve $27 billion from ...
Canada can help us develop affordable innovations in child care: Minister
The Dollar Business Bureau Developing affordable innovations to mitigate disease burden is a major challenge for India and partnering Canada allows us to tap into our combined capacity and strength to find solutions for disease control and improved maternal and child care, said Dr Harsh Vardhan, Union Minister for Science & Technology & Earth Sciences, reported a PIB release. The Minister was reacting after the Department of Biotechnology (DBT), Ministry of Science and Technology, Government of India entered into a partnership with Grand Challenges Canada (GCC), funded by the Government of Canada to partner and invest US$ 2.5 million in health innovations in India. The innovations will be focusing on maternal, new born and child health and Visceral Leishmaniasis ...
Awareness of export potential of herbs is low in India: NPMB
Sachin Manawaria | The Dollar Business According to a government report, the global herbal market is expected to grow steadily in the coming years with growing demand for herbal products worldwide. The Ministry of Science and Technology says in its report that the global herbal market is expected to be grow to around $5 trillion by 2050, but India’s current share is estimated at below 2%. The report adds that herbal remedies are important in countries like China and would become increasingly important in developing countries like India in the coming years. Standardisation is a bottleneck that has gained some attention among companies producing herbal products across the world. However, efforts are required to develop the cultivation of such ...