ReferIndia News Kerala's climate tech startup gets Rs 75 lakhs grant from Cochin Shipyard

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Kerala's climate tech startup gets Rs 75 lakhs grant from Cochin Shipyard

Published on: Oct. 24, 2025, 9:22 a.m. | Source: The Economic Times

Kerala-based deep-tech startup Neiox Eco Cycle has received a Rs 75 lakh prototyping grant from Cochin Shipyard under the USHUS Maritime Innovation Scheme. The funding will help develop a carbon-negative, non-toxic marine hull coating that improves fuel efficiency, cuts emissions, protects marine life, and turns air pollutants into economic value.

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