The Indian Institute of Spices Research (IISR) under the Indian Council for Agricultural Research (ICAR) inked a Memorandum of Understanding (MoU) with Lysterra LLC, a Russia-based company for commercialisation of biocapsule, an encapsulation technology for bio-fertilisation.
All agriculturally significant microorganisms are encapsulated using microbial encapsulation technology, a significant invention patented by the IISR, to ensure efficient delivery of advantageous microorganisms as bio-fertilizers to crops. Four Indian companies have already obtained non-exclusive licences from the IISR to use this cutting-edge technology in the commercial production of biocapsules.
The virtual meeting was presided over by T. Mohapatra, Director General of ICAR. Vladimir Zarev, the President of Lysterra LLC, which is well-known for producing crop protection products, Liudmila Alginina, the General Director, and Anastasia Romanovskaya, the head of marketing.
According to T. Mohapatra, Director General, ICAR, new technology generation efforts and commercialisation attempts should go hand-in-hand for the overall development of the agricultural sector. The demand for new technology among foreign entities is indicative of its effectiveness
