National Research Development Corporation (NRDC) signed its Memorandum of Understanding (MoU) for the year 2017-18 with Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India. The MoU was signed on 17 July 2017 between Dr. Girish Sahni, Secretary, DSIR and Dr. H. Purushotham, Chairman and Managing Director, NRDC, New Delhi. MoU 2017-18 specifies various parameters and targets to be achieved by NRDC during 2017-18.