National Research Development Corporation, an Enterprise of Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India, New Delhi (NRDC) has entered into Memorandum of Agreement (MoA) with CSIR- Central Building Research Institute, Roorkee, for marketing the inventions/innovations, patents, formulations, know-how/processes developed by CSIR-CBRI and also collection of Premia and Royalties arising from these activities.
CSIR-CBRI and ‘NRDC’ recognize the respective strengths of the two organizations and accordingly agree to cooperate in the development of technologies and their successful transfer to industry for commercial exploitation and socio economic benefits.
Dr. H. Purushotham, Chairman & Managing Director NRDC has said that NRDC has been serving the nation for more than six decades in development, promotion and commercialization of technologies emanating from R&D organization, PSUs and academia. It has so far licensed technologies to more than 4800 entrepreneurs/ companies in the country in almost all sectors of industry and provided technical and financial assistance for filing about 1700 patents in India and abroad.