For the development and application of indigenous technology in a dynamic economic environment, The Government of India enabled the placing of proceeds of the Research and Development Cess on the import of technology into a fund called the Fund for Technology Development and Application. TDB administers this fund.
TDB invest in equity capital or gives loans to industrial concerns and other agencies, attempting development and commercial application of indigenous technology, or adopting imported technology to wider domestic application.
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 : email@example.com; Contact in case of queries & grievances : V Anbu, CEO & Director General (Please send all communications to Head Office)