Indian Machine Tool Manufacturers' Association

GITA

DIPP's Technology Acquisition & Development Fund (TADF)
for Technology Acquisition/Development by the Indian MSMEs

Global Innovation & Technology Alliance (GITA) on behalf of the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry, Govt of India has launched Technology Acquisition & Development Fund (TADF) under the National Manufacturing Policy 2011 to help Indian new & existing MSMEs for acquisition of Innovative Clean, Green & Energy Efficient Technologies (in form of Technology / Customized Products / Specialized Services / Patents / Industrial Design) available in Indian or Global market.
  

Applications for funding are invited under the TADF Scheme until January 31, 2017 however next round of RFP is closing on Oct 15, 2016. Applications will only be accepted through online mode. For more information log on to http://gita.org.in/TADF/TADFInfo.aspx?TADFId=1

Contact: Mr Nilesh Patel; email: nilesh.patel@gita.org.in; Tel: +91 11 4288 8009

 

Funding Support for Bilateral Industrial R&D Projects

Members may please note that Global Innovation & Technology Alliance (GITA) incorporated jointly by the Technology Development Board (TDB) of the Department of Science & Technology (DST), Government of India and the Confederation of Indian Industry (CII) with a mandate of Mapping technology gaps, Evaluating technology offers, Connecting among technology developers, providers, commercializers, Funding last phase of technology development that connects the market and Deployment of technology solutions.

Funding Mechanism

Indian Government's fund will be disbursed by GITA to Indian industry. Similarly, Partner country’s Government's fund will be disbursed to their industry in that country.

That means:

Total Project cost        100%
 Indian Industry’s contribution       25 %
 GoI’s Share   25%
 Contribution of Industry in partner country    25%
 Share of Govt. of Partner Country   25%

To apply for funding and for more details, interested companies can login to http://www.gita.org.in/ and can contact MsMridulaSaripalli at mridula.s@gita.org.in; Tel: +91-11-4577 2029.

 

A brief about GITA:

GITA is a “not–for–profit” Section–25 Public Private Partnership (PPP) company promoted jointlyby the Confederation of Indian Industry (CII) with 51% holding and the Technology DevelopmentBoard (TDB), Department of Science & Technology (DST), Government of India (GoI) with 49%holding.

It is an innovative mechanism between the government and Indian industry for attracting theindustry’s investment in technology by Mapping technology gaps, Evaluating technology offersacross the globe, Connecting among technology developers, providers, commercializers, Fundinglast phase of technology development that connects the market and Deployment of technologysolutions.

GITA manages government's fund to provide funding support to Indian industry for doing Research & Development in partnership with an industry in other countries

GITA facilitates bilateral industrial R&D funding programs in the identified areas. Under such program, if one industry from India and one industry from foreign country (multiple partners are also acceptable) jointly propose to do R&D in the identified areas.

Indian Machine Tool Manufacturers’ Association; Head Office : 10th Mile, Tumkur Road, Madavara Post, Bengaluru, Karnataka (India) 562123; Regd. Office : Plant No.13, Extension Office, Godrej Campus, Vikroli East, Mumbai – 400079
CIN : U29290MH1973GAP016420; Tel : 91-80- 66246600; Email : imtma@imtma.in; Contact in case of queries & grievances : V Anbu, CEO & Director General
(Please send all communications to Head Office)

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