Particulars of Organization and Functions 

The National Research Development Corporation, a Public Sector Enterprise (PSE) functioning under the administrative control of Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology, was established in 1953 as a Section 25 company under the Indian Companies Act as a sole technology transfer organization in the country with the objective of promotion, development and commercialization of technologies.  The activities of the NRDC are given below:-

    A.    Commercial

  •   Commercialisation of laboratory know-how

  •        Licence indigenous technologies to industry both in India and abroad

  •        Provide Technology Development Loans for setting up pilot plats to prove/scale-up laboratory processes.

  •        Participate in equity to facilitate formation of new ventures using indigenous technologies

  •        Develop technologies in priority areas

  •        Design and engineer laboratory processes to commercial scale

  •        Provide techno-commercial financial support to entrepreneurs commercialising NRDC technologies

  •        Execute turnkey projects abroad based on indigenous technologies

  •        Licensing of foreign know-how to Indian clients

  •       Assist export marketing of products of licensee companies

  •       Arrange complimentary finance for further development through venture capital fund, PATSER, TIFAC, TDB, etc.

B.   Promotional

            Invention Promotion Programme

  • Award meritorious inventions for converting their ideas into prototypes.

  • Provides financial support to prospective inventions for making a prototype of commercially viable inventions.

  • Assist inventors in patenting and commercializing  their inventions.

  • Publishing Hindi Magazine ‘AWISHKAR’ and English Magazine ‘INVENTION INTELLIGENCE’ to highlight inventivity amongst buddy inventors.

  • Organize training programmes to create awareness about IPR.

  • Provide assistance for patenting inventive ideas of R & D organisations & universities.

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C. Technology

         Development and Promotion of Rural Technology

  • Identify, prove and demonstrate selected rural technologies

  • Assist in commercialisation of selected rural technologies

    Export of Technology

  • Project India as a source of technology

  • Assist inventors, R&D institutes and industry to patent their new products/processes abroad

          Dissemination of Information on Technology and its transfer to Industry

  • Provide information on indigenous and foreign technologies

  • Organise training programmes for technology development and transfer,
    hold exhibitions, publish periodicals, arrange audio-visuals to popularise indigenous technologies

 

      The Corporation during its operation over the last 52 years has transferred hundreds of technologies to several thousands of entrepreneurs/industries. The Corporation has transferred technologies in almost all sectors of science ranging from Agriculture, Agro and Food, Chemical and Fertilizer, Building materials, electrical and electronics, Mechanical, Drugs & Pharmaceuticals, Bio-technology etc.  Although the Corporation was set up to commercialise the technologies generated by public funded Research Institutes mainly CSIR, it realized the importance of the technologies developed by the various universities/technical institutes, Corporate R&D Centres of both private and public sectors, Industry Research Associations, Research Institutes of Central & State Governments, other Ministries, etc. The Corporation’s continued efforts to export Indian technologies and services has enabled to export the technologies to entrepreneurs both in the developed as well as the developing countries like USA, Germany, Malaysia, Burma, Nepal, Senegal, Indonesia, Madagascar, Philippines, Vietnam, Sri Lanka, Kenya, Brazil and Bangladesh etc. Its cumulative efforts yielded signing of about 4400 licence agreements from nearly 2500 technologies assigned to it.