Yes Bank ties up with Uttaranchal varsity for agri park

Yes Bank and the College of Agribusiness Management, Pant Nagar (Uttaranchal), have entered into a strategic alliance for establishing an agri park through public-private partnership for the development of integrated agribusiness in Uttaranchal.

The alliance aims to overcome bottlenecks for the development of modern agriculture by going for high-end technology.

It hopes to set a precedent for successfully running an university-industry linkage, which will create an environment for technological advancement of the agribusiness sector in the state. It also hopes to provide investment opportunities for both national and international players.

Tushar Pandey, country head "� agribusiness at Yes Bank, said agribusiness is closely related to infrastructure and there is a wide scope for the development of agricultural infrastructure in Uttaranchal.

Given the inherent strength and untapped potential that the state has in this sector, it was imperative to evolve various agribusiness development projects backed by suitable infrastructure with modern technology interventions, Pandey said.

Adoption of latest technology in the production process would become a key enabler for the development of this sector, he said.

This can be facilitated through developing appropriate linkages among farmers, government and the private sector on the principles of public-private partnerships.