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Launch of Technology Acquisition and Development Fund under National Manufacturing Policy

Dated:- 19-11-2015 - Minister of State for Commerce & Industry (I/C), Mrs. Nirmala Sitharaman, launched on 18.11.2015 the Technology Acquisition and Development Fund (TADF) under National Manufacturing Policy being implemented by Department of In .....

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he market available in India or globally, by Micro, Small & Medium Enterprises (MSMEs). While launching this Scheme, the Commerce Minister hoped that the Scheme would facilitate acquisition of clean & green technologies by micro, small and me .....

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would be implemented through Global Innovation and Technology Alliance (GITA), a joint venture company, support to MSME units is envisaged by the following: I. Direct Support for Technology Acquisition- Proposals from Indian industry will be invited .....

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lobe based on applications received from MSMEs. Technology/Patent will be licensed to selected companies, with a mutually agreed value and the selected companies will get a subsidy of 50% of the mutually agreed value or ₹ 20 lakhs, III. Technol .....

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