A Memorandum of Understanding has been signed between the state of Himachal Pradesh and Frankfurt Innovation Zentrum (FIZ) in the fields of Ayurgenomics (Ayurveda and Genomics), precision medicine and precision agriculture.
It was signed on Wednesday in the presence of Chief Minister Jai Ram Thakur, who is on a visit to Germany and Netherland to attracts the investors to invest in the North-Indian state.
During the event, Thakur said that Himachal Pradesh had varied climatic conditions and diverse topography making it suitable for growing a wide range of medicinal plants.
He said that the state government would provide all possible help to the interested entrepreneurs for setting up their units in the state.
During the MoU ceremony, CEO FIZ Dr Christian Garbe made a detailed presentation on the working and mandate of FIZ. He also suggested for a cross-learning program to have a better understanding of the local requirements as well as how Ayurgenomics can play a pivotal role in the healthcare and wellness sectors.
Industries Minister Bikram Singh, Additional Chief Secretary cum Principal Secretary to Chief Minister Dr Shrikant Baldi, Additional Chief Secretary Industries Manoj Kumar, Director Industries Hans Raj Sharma, Special Secretary Abid Husain Sadiq, Pratibha Parkar Consulate General and other senior officers were also present on the occasion.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
