DRDO-FICCI Accelerated Technology Assessment and Commercialisation Programme
DRDO signs six MoUs with industry for tech transfer
Process aimed at making novel products affordable
2010-01-25 16:39
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NEW DELHI: The DRDO-FICCI Accelerated Technology Assessment and Commercialization (ATAC) Programme reached a new landmark on Monday with the signing of 6 Memorandum of Understanding (MoU) between Defence Research Development Organisation (DRDO) and leading industry players. The MoUs will enable transfer of DRDO developed technologies to the partner industries and, in turn, make them globally competitive. The ATAC, a joint initiative of DRDO and Federation of Indian Chambers of Commerce and Industry (FICCI), is aimed at helping industries to absorb high-quality DRDO technologies and apply them commercially to produce quality and reliable industrial products at an affordable cost to the consumer.