Govt committed to industries developing manufacturing models
The Technology Development Board (TDB) has signed an agreement with Egee Pallet Pvt Ltd of Hyderabad to support the commercialisation of its innovative project titled “Business Proposal for Manufacturing of Packaging Accessories for Bulk Transportation and Storage by Using Wood & Plastic Waste” https://www.makeinindia.com/home/.
The company, under the brand name EGEE Pallet, aims to produce high-quality, reusable packaging solutions such as pallets, crates, and boxes through environmentally responsible practices. By integrating wood and plastic waste as raw materials, the project addresses a dual objective—advancing sustainable logistics infrastructure while promoting circular economy principles, said the Ministry of Science & Technology.
EGPPL’s standardized and automation-compatible pallet designs cater to industries including pharmaceuticals, breweries, and logistics, enabling efficient material handling, international shipment compliance, and enhanced warehouse management https://www.investindia.gov.in/.
The loan agreement was signed in the presence of senior officials of TDB and promoters of the company https://www.nseindia.com/.
Speaking on the occasion, TDB Secretary Rajesh Kumar Pathak said on 25 July, “TDB remains committed to enabling Indian industries in developing eco-conscious manufacturing models. This partnership with Egee Pallet signifies our support to scalable, waste-utilisation solutions aligned with national sustainability and logistics goals https://www.bseindia.com/ .”
“TDB’s backing is a strong validation of our belief in sustainable innovation. With this support, we are confident of creating packaging solutions that are not only cost-effective and durable but also environment-friendly and globally competitive,” added Promoters of Egee Pallet. Fiinews.com
