FIPS, Mumbai signs MoU with USTM to Promote Sustainable Packaging of Food Products

 9 th mile, Khanapara, Ri Bhoi, December 22, 2021: With a vision to provide sustainable solutions to the

targeted group of society and industries through scientific and innovative packaging technology and to

create awareness for circular economy to save the Planet, the Mumbai based Foundation for Innovative

Packaging and Sustainability (FIPS) has signed a Memorandum of Understanding with the University of

Science & Technology Meghalaya. The MoU was signed by Prof. (Dr). N.C. Saha, Chairman, FIPS and

Prof G. D. Sharma, Vice Chancellor, USTM.

Speaking on the occasion, Prof G D Sharma said that the MoU aims to promote human resource

development by organising Collaborative Certificate Programme in “Sustainable Packaging for food

Products” where FIPS would provide Faculty Support with mutually agreed professional fees for

conducting Certificate Course and other module of Training Program for the benefit of the students of the

Department of Food Science & Technology, USTM with mutual financial benefits. “The students would

be benefitted to get exposure in this specialised field of Sustainable Packaging for Food Products which

would help them in career development. FIPS would also get involved with USTM to support for any

research projects related to “Sustainable Packaging” in order to make “Win-Win” situation for both the

organisation”, he added.

Prof. (Dr). N.C. Saha said that the two institutions are planning to establish an “Incubation Centre” in the

field of “Sustainable Packaging for Food Products” for providing “First-hand Knowledge” to the students

of USTM and to stimulate for “Start-Up” business with sustainable approach.

According to Prof Saha, the MoU also aims to create a Centre of Excellence on “Sustainable Packaging”

for stimulating entrepreneurial idea generation for high end products on display and provide information

about where technical assistance, equipment, venture capital and other financing can be sourced. Relevant

business plans and information about potential market linkages will also be made available. It will help

potential entrepreneurs undertake design and prototype development, he added.

Other highlights of the agreement include: to support commercialisation of high potential products/

designs in various sectors which will help provide market linkages for such products and to identify and

build capacities of equipment/ inputs suppliers that can help upgrade the products and processes

significantly as per market requirements.