An Agreement has been signed between Research and Development Centre for Iron & Steel (RDCIS), Steel Authority of India limited (SAIl), Ranchi and National Research & Development Corporation, an Enterprise of Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India at SAIl Corporate Office, New Delhi.
The Agreement has been signed by Dr. B. K. Jha, Executive Director, RDCIS, SAIl and Dr. H. Purushotham, Chairman & Managing Director, in presence of SS Mohanty, Director (Technical), SAIl.
Mohanty highlighted the importance of innovation in steel industry and its subsequent commercialisation for the benefit of steel and affiliated industry.
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 organisation 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.
Dr. BB Agrawal, GM (BE and A&E), RDCIS, Shri A.Pradhan, Chief NRDC, Shri D.C.Joshi, Chief (BD), NRDC & Shri Amit Ranjan, Engineer (Business Development), NRDC were present during this signing ceremony.
SAIl-RDCIS and NRDC recognise the respective strengths of the two organisations and accordingly agreed to cooperate in the development of technologies and their successful transfer to industry for commercial exploitation and socio economic benefits.
The purpose of this Agreement is promotion, development, licensing and commercial exploitation of indigenous technologies, know-how and inventions, including the technical and engineering know-how generated by RDCIS. NRDC has expertise in commercialisation of Technologies and Know-how in India and abroad. Under this Agreement both RDCIS and NRDC have agreed to commercialise Research & Developmental work carried out by RDCIS. The Agreement shall help the country in general and RDCIS & NRDC in particular to share technologies, developed indigenously for the overall technological & industrial development of the Nation from utilisation of large pool of R&D expertise available with RDCIS.