To undertake and carry on research and development work and to own, establish, maintain laboratories, experiment centres, assist, subsidise any Government Semi Government, Private, Universities for Scientific and other research work and inventions related to the agro based business of the company by providing or contributing to the remuneration of research, scientific or technical professors, teachers for technical researchers, providing or contributing to the awards, prizes, scholarships, grants, sponsorships to the students or others to encourage them.