Launch of Technology Acquisition & Development Fund (TADF)
18 Nov 2014
New Delhi

Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry, Govt of India has launched Technology Acquisition & Development Fund (TADF) under National Manufacturing Policy to help Indian new & existing Micro, Small & Medium Enterprises (MSMEs) to acquire Clean, Green & Energy Efficient Technologies, in form of Technology / Customized Products / Specialized Services / Patents / Industrial Design (with requisite level of proof) available in Indian or Global market.

The Scheme will be technically & administratively implemented by Global Innovation & Technology Alliance (GITA).

TADF will support Indian MSMEs via subsidies in following modes:

  • Direct Support for Technology Acquisition- Reimbursement of 50% of technology transfer fee or Rs. 20 lakhs, whichever is lower.
  • In-direct Support for Technology Acquisition through Patent Pool- Technology/Patent will be licensed to selected companies, with a mutually agreed value and the selected companies will get a subsidy of 50% of the mutually agreed value or Rs. 20 lakhs.
  • Technology / Equipment Manufacturing Subsidies- subsidies up to 10% of capital expenditure on new plant & machinery subject to a maximum of Rs. 50 lakhs for manufacturing of equipment / machines / devices for controlling pollution, reducing energy consumption, water conservation etc.
  • Green Manufacturing – Incentive Scheme: The scheme facilitates resource conservation activities in industries located in NIMZ through the introduction of incentive/subsidy schemes for energy/ environmental/ water audits, construction of green buildings, implementation of waste treatment facilities and implementation of renewable energy projects through financial support under the TADF.

It aims to provide funding support for the acquisition and development of Clean and Green Technologies.

The Scheme is applicable to all existing and new Micro, Small and Medium Enterprises (MSMEs) including those in the National Investment and Manufacturing Zones (NIMZs) in respect of their investments made after notification of the Scheme.

First round of RFP is open till 31st January, 2016 kindly register yourself on our website (http://gita.org.in/TADF/TADFInfo.aspx?TADFId=1 ). Applications will only be accepted through online mode.