NRDC, IIT Madras ink pact  

Our Bureau Hyderabad | Updated on January 22, 2018 Published on November 18, 2015

Industry will get access to patented technologies with potential for commercialisation from the Indian Institute of Technology, Madras.

Making this possible is a pact signed by the National Research Development Corporation (NRDC) with the IIT in Chennai. Initially, 5 patents have been selected for offering to the industry, according to a press release from the Corporation. 

One of the technologies is manufacturing oxygen deficient perovksite nano material for reversible Carbon dioxide capture at room temperature which may prove path breaking for pollution control in thermal power and industrial furnaces.

Krishnan Balasubramanian, a Dean at the IIT said the partnership could lead to successful commercialisation of technologies. The Institute has a reservoir of patents in different sectors which are ready for commercial exploitation. 

H Purushotham, the chairman & managing director of NRDC, an enterprise under the Union Ministry of Science & Technology said the Corporation shall also provide its services in IP evaluation/valuation in terms of their commercial potential.

NRDC has so far licensed technologies to more than 4,800 enterpreneurs/companies in the country in almost all sector of the industry.

Published on November 18, 2015
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