New Delhi, Jul 12: As many as 21 Indian startups showcased their innovative products at a business enclave in Nairobi during Prime Minister Narendra Modi's visit to Kenya, industry chamber Ficci said today.
Ficci and the Technology Development Board (TDB) took a delegation of 21 Indian startups to Nairobi. They showcased technology driven innovative solutions at the business enclave that was addressed by Prime Minister Narendra Modi and Kenyan President Uhuru Kenyatta yesterday, Ficci said in a statement.
Responding to the needs of the African markets, these technologies and innovations provide low cost affordable solutions in different sectors such as agriculture, healthcare, water and sanitation and financial inclusion, the statement said.
The endeavour was aimed at strengthening bilateral cooperation between India and Africa through technology and knowledge exchange. The technologies showcased have been developed, tested and validated in India and are now being replicated and scaled in Africa, it said.
The participating companies come from several national flagship programs such as the DST-Lockheed Martin India Innovation Growth Programme, Millennium Alliance and DRDO- Ficci Accelerated Technology Assessment and Commercialization initiative.
"They represent a unique opportunity for India to enhance its South-South cooperation while opening new markets for Indian startups," FICCI said.
Some of the technologies exhibited include CassavaTech, a patented technology that brings down capital cost of processing cassava from USD 15,000 to USD 200 and reduces operating cost from USD 20 to USD 2 for 200 kg processing capacity, it added.