DRDO-FICCI Initiative on Acclerated Technology Assessment and Commercialization
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FICCI-DRDO scheme launched
The Statesman, 24 February, 2009

In a move aimed at taking modern cutting edge technology to the commercial sector, the Defence Research and Development Organisation (DRDO) and Federation of Indian Chamber of Commerce and Industry (Ficci) today launched a programme whereby under a public private partnership (PPP) scheme, DRDO products would be marketed by Ficci.

The programme is a joint venture of Ficci-DRDO called "Accelerated Technology Assessment and Commercialisation of Defence Technologies for Industrial and Civilian Spin-offs."

“While DRDO continues to develop cutting edge technologies for the Indian armed forces, it would also actively spin out the relevant technology for non-military application. The DRDO has the relevant technology but the question is to see how these can be used for making products for large-scale markets,” said Mr M Natarajan, scientific advisor to the Defence minister.

Of the 50 DRDO laboratories, 26 are taking part in this initiative and 200 technologies have been assessed so far for marketing.

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