Country"s premier defence research organisation
-- DRDO -- along with FICCI and Texas University
has initiated a programme for commercialisation
of technologies developed by it for the
defence forces.
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Technology Assessment and Commercialisation
(ATAC) programme aims to create a commercial
pathway to deliver technologies developed
by DRDO for appropriate commercial markets
for use in civilian products and services,"
DRDO chief M Natarajan said here.
In the first edition of the programme,
26 DRDO labs with over 200 technologies
are being assessed by FICCI for developing
them into commercial ventures in both national
and international markets.
Natarajan added that 85 per cent of the
technologies being developed by DRDO were
of dual use and could be successfully used
in civilian applications.
"While DRDO continues to develop cutting-edge
technologies for Indian armed forces, it
will also pursue spinning out relevant technologies
for non-military applications," he
said.
Speaking on the interest shown by the industry
in the programme, FICCI chairman Amit Mitra
said, "Within four months of signing
the MoU between DRDO and FICCI, several
leading industry players have submitted
their expressions of interest (EoI) to FICCI."