The growth and development in India have been significant in the past few years. And, during this time, the ease of doing business, startup opportunities, innovation and development in technology infrastructure has leapfrogged in the country. Arunabha Pradhan, Senior Consultant, National Research Development Corporation (NRDC) focussing on the contribution of PSUs in India’s transformation addressed the India Transformation Summit organised by Elets Technomedia.
Mr Pradhan commenced by giving a brief about NRDC stating, “We are a PSU under the Ministry of Science and Technology. We are in the process of technology transfers to industries since 1953. Over the years we have transferred over 5000 entrepreneur technologies.”
Speaking of the trends in technology since 1956, Mr Pradhan said, “Many technologies were not there with us initially like a tracktor. So our research institute developed a tracktor and we transferred it to the industry. Now, the tracktor is being exported to over 80 countries.”
Citing examples of various technology developing organisations in India, Mr Pradhan said, “We have various organisations like CSIR, DRDO, ICMR, ICAR, etc which are developing various technologies in different fields. These technologies are going to impact the economy in future.” Adding on NRDC’s work and achievements, he added, “In times of COVID-19 we have identified around 200 technologies which can effectively combat the pandemic. So we have marketed theses technologies to the industries for benefitting the masses.”
“We have also organised the technology development programme and under which we called on the innovators for new innovative technologies to battle the pandemic. The technologies we are looking for are majorly under three domains – tracking, tracing and treatment. Hence, we are promoting technology development in this difficult phase”, Mr Pradhan added.
Further, he said, “We are prompting the startup companies as well. We have a scheme for seed funding and we are helping and promoting the startups. We are checking the innovativeness and then we are certifying them and then we are supporting the startups in the form of equity, seed capital, patenting, etc.” Moreover, there is the incubation centre in our office where we guide startups on how to go ahead with their plan, how to get fundings, how establish their firms and so on and so forth, added Mr Pradhan.
Adding on to how NRDC is supporting startups and entrepreneurs, Mr Pradhan said, “We are also promoting the scheme of Entrepreneur Skill Development programme in many regions of the country. And, a large number of micro and small entrepreneurs are taking up the programme which is a good sign considering the future growth and development in the country.” The Government of India has developed huge infrastructure for entrepreneurs which is a gamechanger definitely. It will give businesses and the economy in India a significant boost, he added.
Addressing how India has grown with time in innovation and technology, Mr Pradhan pointed out that recently, in the Global Innovation Index, India’s rank improved from 57th to 52nd. He said, “With the active efforts of the Government of India and implementation of effective strategies India has leapfrogged in innovation scenario. Speaking on Aatma Nirbhar Bharat as a major move to transform India, Mr Pradhan said, “With a major move like Aatma Nirbhar Bharat Abhiyan by the Government of India, I am certain that many innovative technologies would come up. I hope this will prove to be true to make India ‘Aatma Nirbhar’.”