Goes to Private Sector
BY ASHOK B SHARMA
NEW DELHI, Jan 25: Defence laboratories of the Government of India will transfer its technologies to private sector for commercial use. This is a landmark development for the country as this move will help industries to get high quality technologies and apply them commercially to produce quality and reliable industrial products at an affordable cost to the consumer.
DRDO (Defence Research and Development Organization) labs have been undertaking a large number of projects in wide-ranging areas of science & technology related to the Indian Armed Forces.
Though the end products are for military use, many of the technologies that are developed to realize these systems can have civilian applications. These technologies and products may have large commercial potential and wide application in India and abroad.
On the other hand, many industries are keen on new scientific inputs and processes for expanding their business.
The DRDO-FICCI had initiated Accelerated Technology Assessment and Commercialization (ATAC) Programme to facilitate transfer of technologies. Under this programme on Monday six Memorandum of Understanding (MoUs) between DRDO and leading industry players were signed.
Indian Industry to Become Globally CompetitiveThe MoUs will enable transfer of DRDO developed technologies to the partner industries and, in turn, make them globally competitive.
This commercialization process is aimed at filling the technology gap in Indian industries. A proposal for providing incentives to scientists who are behind these innovations is also on the anvil and DRDO hopes to introduce it soon.