Rama Krishna Sangem
Hyderabad entrepreneurs have launched an international venture, Global Academy on Food Safety & Sustainability Standards LLC (GAFSSS) at Maryland, Washington DC, in an event there on October 1, Tuesday. This academy primarily trains all those involved in agricultural activity to meet the international standards while safeguarding sustainability standards.
It was a well attended event with the presence of Chief Guest Marc Elrich, CEO, Montgomery County, Maryland , USA. The dignitaries present included Ms Judy Costelo, Head – Special Project’s, Montgomery County, Srihari Kotela. Founder of Global Academy and Ramesh Pentmetcha, former Managing Director , New York Stock Exchange ( NYSE ), Member, Advisory Board of this Academy.
Sudhakar Gande, GAFSSS member, advisor and investor, in a communique from the US informed that this academy was a landmark development for the farmers of not only India, but also those in the US and other countries. Launching the academy, Gande said that 3-4 years of research and preparatory work went into the new company and it is bound to help farmers and allied agricultural activity.
Gande said that future was promising for agriculture sector not only in India and there is every need to improve farming standards to meet sustainability levels and food safety. “Technology is important to enhance the standards of food safety and sustainable standards to meet the export needs,” he said. Sudhakar said that the company would first focus on the requirements of farmers of India and the US, and then expand to global level.
Sudhakar Gande, an investment banker and tech entrepreneur, told the gathering that the company was well capitalized and that money is not a problem as and when it is needed. “It will take 4-5 years of time this company to grow and definitely it would make an impact on the quality of product and the level of international trade in food grains between the two countries.
He said that the GAFSSS has been launched with an initial capital of around 1,20,000 US dollars and and it is likely to be further funded to a tune of 200 million US dollars in the course of time.