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Union minister Harsh Vardhan discusses technology commercialization with CSIR-Tech members

India Blooms News Service | | Feb 09, 2016, at 06:58 pm

#Union Minister of Science & Technology # Earth Sciences # Harsh Vardhan

Pune, Feb 9 (IBNS) Union Minister of Science & Technology and Earth Sciences, Dr Harsh Vardhan recently met with the members of CSIR-Tech Pvt Ltd at CSIR-NCL's Pune campus to discuss about the technology commercialization that the unit has been working upon for the past three years.

CSIR-Tech's Chairman, Padma Vibhushan Dr Vijay Kelkar, and Executive Director and CEO, Amitabh Shrivastava explained the centre's major activities to the minister.

Dr Kelkar said CSIR-Tech's activities are directly aligned with the government of India's programs like 'Start-up India' and 'Make in India'.

Amitabh Shrivastava talked about how technology and intellectual property being developed at government funded institutions like CSIR, BARC, IITs, DST labs, DRDO, etc. is finding its way to touch common lives through CSIR-Tech Pvt Ltd.

Dr Harsh Vardhan was pleased with CSIR-Tech's approach towards technology transfer to small and medium enterprises in India, and its investment in science-based start-ups and laboratory spin-offs.

CSIR-Tech invests in science-based start ups and spin off businesses through its 'India Science Venture Fund', a SEBI-registered fund which includes SIDBI as a lead partner.

Shrivastava apprised the minister about global best practices to increase relationship between the Industry and the R&D institutions in North America, Europe and Asia.

Dr Harsh Vardhan said business initiatives like CSIR-Tech that are self funded autonomous companies are sure to give impetus, at the ground level, to create more jobs through the science and technology led manufacturing businesses.

CSIR-Tech's board of directors includes four Padma awardees and industry veterans such as Mohan Das Pai, Saurabh Srivastava, Luis Miranda, Dr S. Sivaram, Dr Vijay Mohanan and Chief General Manager of the State Bank of India, Venkat Nageswar.

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