· Strategic Partnership to Drive India’s Technological Advancement
Roorkee, India – October 28, 2023 — IIT Roorkee has made a big move to boost innovation and help India become more self-reliant in technology. On October 27, 2023, the institute joined hands with the National Research Development Corporation (NRDC) by signing an agreement. NRDC is part of the Ministry of Science & Technology, and they work together to support technology development.
IIT Roorkee has formed a strategic partnership with the National Research Development Corporation (NRDC) to advance innovation and technology transfer. This collaboration will accelerate the transfer of technology from IIT Roorkee to the global market, contributing to India’s self-reliance in technology and economic growth. NRDC’s role in technology transfer and support for intellectual property development aligns with IIT Roorkee’s innovation ecosystem, highlighting the crucial role of higher educational institutions in India’s technological future.
Prof. K.K. Pant, Director of IIT Roorkee, emphasized, “IIT Roorkee is at the forefront as India transitions into a global manufacturing hub to boost its economy. Higher Educational Institutions (HEIs) like ours play a leading role in intellectual property development, fostering novel ideas. Effective technology transfer is vital for global market reach. Our partnership with NRDC reflects our commitment to this vision, with the support of NRDC’s extensive networks for global accessibility.”
Cmde. Amit Rastogi, Chairman & Managing Director, NRDC, stated, ” NRDC also provides funding and grants as Technology Commercialization Support and these efforts can be accomplished with these type of collaborations for a broader range of inventors. With these Technology Readiness Level (TRL) boosted technologies, the Indian economy can be enhanced, and socio-economic benefits can be realized through such collaborative efforts. ”
This strategic partnership aims to combine the strengths and expertise of IIT Roorkee and NRDC, facilitating the global market entry of technologies developed at the institute. The overarching goal is to bolster India’s vision of economic self-reliance, with a central role for intellectual property (IP) in shaping the nation’s future. This collaboration represents a significant step in fully utilizing IIT Roorkee’s innovation ecosystem, emphasizing its pivotal role in driving India’s self-reliance in technology through accelerated technology transfer.
At the signing ceremony, Shri Amitabh Mishra, Head of Biotechnology and Pharmaceuticals, and Shri Ashwani Kumar, Assistant Development Engineer & Technical Coordinator to CMD from NRDC & Prof. Vivek Kumar Malik (Associate Dean, Innovation and Incubation, Prof. Sai Ramudu Meka (Associate Dean, Corporate Interaction), Prof. P. Gopinath (Department of Bioscience and Bioengineering), Prof. Gowrish B. (Department of Electronics and Communication Engineering), Prof. Arup Kumar Das (Department of Mechanical and Industrial Engineering), research scholars, Dr. Mini Namdeo and Mr. Vishal Tiwari from IIT Roorkee were also present.
Additionally, NRDC officials visited IIT Roorkee’s incubators, TIDES and TIH. These incubator units, operating under the banner of IIT Roorkee, have been instrumental in nurturing startups and entrepreneurs while fast-tracking the progress and commercialization of cutting-edge technologies.