Circular No.MR/MIN/1205 December 16, 2015
To: Members of the Council
Sub: Technology Acquisition and Development Fund (TADF) for MSMEs
Dear Sir,
The Council has received a communication from the Department of Commerce, Ministry of Commerce & Industry Govt. of India regarding the Technology Acquisition and Development Fund (TADF) scheme for Indian Micro, Small and Medium Enterprises (MSME) as a component of the National Manufacturing Policy being implemented by the Department of Industrial Policy and Promotion (DIPP). TADF scheme is a transformational mechanism to acquire Clean, Green & Energy Efficient Technologies, in the form of Technology / Customized products / Specialized Services / Patents / Industrial Design. This scheme was formally launched by the Hon’ble Minister of State (IC) for Commerce and Industry on 18th Nov 2015.
The scheme is conceptualized to enable the MSMEs to acquire Green & Energy Efficient Technologies through patent pool and licensing and reimbursement of direct patent acquisition cost. It envisages incentivizing production of equipment for controlling pollution, reducing energy consumption and for water conservation through interest and capital subsidies. This scheme is designed to catalyze the manufacturing growth which will contribute to the National Focus of “Make in India”. It is Technically & Administratively managed by the Global Innovation & technology Alliance (GITA).
As advised by the Department of Commerce, Ministry of Commerce & Industry, we are glad to send herewith a brochure on the Technology Acquisition and Development Fund (TADF) for MSMEs for your reference, information and use at your end.
Yours faithfully,
K BARAUH
DEPUTY DIRECTOR
