NRDC pays Rs 7.6 cr royalty to DSIR

Our Bureau Hyderabad | Updated on June 26, 2018 Published on June 26, 2018

The National Research Development Corporation (NRDC) has paid Rs 7.6 crore to the Department of Scientific and Industrial Research (DSIR) towards sharing of royalty for commercialising their technologies to SMEs/start-ups/corporates for 2017-18.

The cheque was presented to Girish Sahni, Secretary-DSIR, by H Purushotham, Chairman & Managing Director of NRDC, at a function to mark the signing of technology licensing agreement on ‘Recycling of waste plastic into useful tiles’ developed by CSIR-National Physical Laboratory, New Delhi

NRDC is engaged in the commercialisation of intellectual properties/technologies developed by various public funded R&D institutions under different ministries of the Central Government. During the last four years, it has paid Rs 28 crore royalty to DSIR and CSIR, a press release stated.

Published on June 26, 2018

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