CFTRI will help in generating employment and encourage entrepreneurs to have their own businesses

New Delhi, Oct 29 (KNN) City-based one of the top food research laboratory in the country, the Central Food Technological Research Institute (CFTRI), is now all set to help generate employment, encouraging entrepreneurs to have their own businesses since MSMEs happen to be one of the largest generators of jobs.

CFTRI will expand its incubation facility to entrepreneurs or incubates to adopting varied food technologies in the country.

The incubation centre generates ideas and translates them into action.

CFTRI's newly appointed Director KSMS Raghavarao, said this facility will be made available for next two years.

He added that Phase-II of the incubation activities are ready for launch with the increase in space at the centre.

He said the institute's incubation centre that hand-holds new entrepreneurs and guide them in coming up with their own ventures.

To accommodate more budding entrepreneurs for establishing successful ventures, the institute wants to develop an industrial park on a portion of a 142-acre plot on the MG Halli premises near Kalidasa Road.

The CFTRI is in the processing of standardising 'prasadams' of some major temples, including Sabarimala in Kerala, Shirdi in Maharashtra, Palani in Tamil Nadu and Chamundi Hills in Mysuru.