PSU PRESS RELEASE
NRDC Inks MOA with CSIR, CSIO for Commercializing IPs and Technology
National Research Development Corporation, an Enterprise of Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India, New Delhi (NRDC) & CSIR- Central Scientific Instruments Organisation (CSIO), Chandigarh has entered into Memorandum of Agreement (MOA) for marketing the inventions/innovations, patents, formulations, know-how/processes developed by these institutes and also collection of Premia and Royalties arising from these activities.
Dr. H. Purushotham, Chairman & Managing Director, on behalf of National Research Development Corporation (NRDC) and Prof. R.K.Sinha, Director, CSIR-CSIO, Chandigarh has signed the MOA, senior officials from both the organizations were also present.
NRDC has been serving the nation for more than six decades in development, promotion and commercialisation of technologies emanating from R&D organization, PSUs and academia. It has so far licensed technologies to more than 4800 entrepreneurs/ companies in the country in almost all sectors of industry and provided technical and financial assistance for filing about 1700 patents in India and abroad. NRDC connecting the technologies to start-ups.
Central Scientific Instruments Organisation (CSIO) is a multi-disciplinary research & development organisation developing in the areas of Agrionics; Medical Instrumentation and Prosthetic Devices; Optics and Cockpit based Instrumentation; Fiber/Laser Optics based Sensors & Instrumentation; Analytical Instrumentation; Advanced Materials based Transducers etc.
CSIR-CSIO and ‘NRDC’ recognise the respective strengths of the two organisations and accordingly agree to cooperate for successful transfer of their technologies to industry for commercial exploitation and socio economic benefits.
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