Posspole and Karnataka Maritime Board sign MoU
Posspole Private Limited, a dynamic 360-degree ecosystem for high-tech products, market access, and manufacturing, announced the commencement of its strategic partnership with the Karnataka Maritime Board (KMB), a statutory body set up by the Government of Karnataka to facilitate the rapid development and management of ports, inland waterways, islands, and the coastal region in the state of Karnataka.
Posspole and KMB have entered into this strategic collaboration to enhance and develop the maritime ecosystem in Karnataka. This partnership aims to identify avenues for integrating advanced technologies and sustainable practices across maritime infrastructure, focusing on ports, fishing harbors, sustainable coastal tourism, automation, and environmental restoration, including coral rehabilitation.
Through this collaboration, Karnataka Maritime Board and Posspole anticipate enhanced operational efficiency and increased sustainability within the maritime sector. The initiative aims to not only advance technological integration in maritime applications but also significantly contribute to the preservation and restoration of marine ecosystems, catering to both local and global market needs.
Kiran Rudrappa, CEO & Co-founder, Posspole, remarked, “This partnership underscores our commitment to leveraging advanced technologies to foster sustainable maritime development. By integrating cutting-edge solutions, we aim to transform Karnataka's maritime infrastructure and set a benchmark for innovation, environmental stewardship and economic growth. In addition, this initiative will also give an opportunity for various marine product companies in India to collaborate with Posspole.”
Jayaram Raipura, CEO, Karnataka Maritime Board, added, “This association between Karnataka Maritime Board and Posspole will enable research and development of novel tech solutions to maritime issues and problems faced by Karnataka. We hope to leverage the startup environment in Bangalore to seek and spread solutions for the marine ecosystem in India.”
This collaboration promises to be a significant step toward the innovative, sustainable, and efficient development of Karnataka’s maritime sector, ensuring long-term economic growth and environmental health.
By fostering a holistic approach to maritime ecosystem development, this partnership sets a precedent for future endeavours in maritime ecosystem and technological advancement.
