Technology Development Board (TDB)

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  • TDB is a statutory body established under Technology Development Board Act, 1995.
  • Its mandate is to promote development and commercialisation of indigenous technology and adaptation of imported technology for wider application.
  • It consists of 11 Board members.
  • The board plays a pro-active role by encouraging enterprises to take up technology oriented products.
  • The Union Government had reconstituted the board in March 2000.
  • It is the first organization of its kind within the government framework with the sole objective of commercializing the fruit of indigenous research.
  • It provides financial assistance to research and development institutions and equity capital or loans to industrial concerns.
NOTE: TDB can be used in answers related to Make in India, Innovation etc.