National Research Development Corporation, an Enterprise of Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India, New Delhi (NRDC) & CSIR-Central Leather Research Institute, Chennai has entered into Memorandum of Agreement (MoA) for marketing the inventions/innovations, patents, formulations, know-how/processes developed by these institutes and also collection of Premia and Royalties arising from these activities.
Dr. H. Purushotham, Chairman & Managing Director, on behalf of National Research Development Corporation (NRDC) and Dr. B. Chandrasekaran, Director, CSIR-CLRI, Chennai has signed the MOA. Senior officials from both the organizations were also present.
NRDC has been serving the nation for more than six decades in development, promotion and commercialisation 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.