National Research Development Corporation (NRDC) was established in 1953 by the Government of India, with the primary objective to promote, develop and commercialize the technologies / know-how / inventions / patents / processes originating from various national R&D institutions / Universities. NRDC is fully owned by Government of India and is registered under the Companies Act, 1956, and is now being administered under Section 8 of the Companies Act, 2013. NRDC is presently under the administrative control of the Department of Scientific & Industrial Research (DSIR), Ministry of Science & Technology (MoS&T), Bharat Sarkar.
During the past seven decade of its existence and in pursuance of its corporate goals, NRDC has forged strong linkages with the scientific and industrial community in Bharat and abroad. NRDC has a wide network of research institutions, academia and industry and made formal arrangements with them for the commercialization of know-how developed in their laboratories. NRDC has been constantly pursuing new sources for acquiring, developing and commercializing technologies developed by the R&D organizations in the country.
NRDC is now recognized as a large repository of technologies spread over almost all areas of industries, viz. Agriculture and Agro-processing, Aerospace, Bio Technology, Chemicals including Pesticides, Drugs and Pharmaceuticals, Food, Metallurgy, Electronics and Instrumentation, Building Materials, Mechanical, Electrical and Electronics, etc.
NRDC as of today has concluded more than 5100 technology transfer agreements with Indian Industries since its inception in December 1953 which has led to accumulation of ample knowledge and expertise in managing technologies generated in public funded organizations. Notable technologies licensed by NRDC are Indelible Ink, Infant Food, 10 & 20 HP Tractors, Super Absorbent Hydrogel, Extraction and Formulations of Azadirachtin, Potassium Humate from Lignite, Vijetha and Ankush Silkworm Bed Disinfectants, Artificial Heart Valve, Crop Specific Foliar Micronutrient Formulations, etc. The licensing of technologies by NRDC has led to establishment of a large number of small and medium scale industries in the country.
NRDC is mandated for implementing two major technology promotional programs viz., Program for Inspiring Inventors and Innovators (PIII) and Program for Development of Technologies for Commercialization (PDTC) funded by the DSIR, Bharat Sarkar. NRDC has designed and implemented several technology development activities under these promotional programs. Few of these activities are:
NRDC is a one stop shop for innovative technologies and plays important role in nurturing startup ecosystem by hand-holding, mentoring and supporting entrepreneurs. NRDC has also successfully exported technologies and technical services on turnkey basis to both developed as well as the developing countries. NRDC is recognized, particularly in the developing countries, as the source of reliable appropriate technology, machines and services, which are typically suitable for these countries.
NRDC also undertakes implementation of projects of the Scientific Ministries and Public Sector Companies in the area of start-up mentoring, facilitating intellectual property protection, technology transfer, advisory services on technology transfer issues, etc.
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