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Our Objective

The TDB provides equity capital, subject to such conditions as may be determined by regulations, or any other financial assistance to Indian industrial concerns and other agencies, attempting development and commercial application of indigenous technology, or adapting imported technology to wider domestic applications.

The objectives are to:

  • promote new ideas from small enterprises even at the risk of failures;
  • encourage production of competitive consumer products;
  • motivate industries and R&D institutions for product innovation;
  • develop socially relevant and profitable technologies;
  • identify and act in areas requiring strategic interventions;
  • invest in our own core technological strengths to enable Indian industry to stand-up to the competitive pressure and become a global player.

The idea is that TDB‟s support for technology development and commercialisation should be unique. Besides above:

With its proactive stance, the board:

  • Facilitates interaction between industry, scientists, technocrats and specialists;
  • Facilitates the creation of new generation of entrepreneurs;
  • Assists partnerships with other, similar technology financing bodies;
  • Creates new job opportunities.

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Department of Science & Technology (DST) Department of Industrial Policy & Promotion (DIPP)
Department of Expenditure (DoExp.) Department of Rural Development (DoRD)
Department of Scientific and Industrial Research (DSIR) Department of Defence Research and Development Organization (DRDO)
NITI Aayog Council of Scientific and Industrial Research (CSIR)
Indian Council of Medical Research (ICMR) Department of Electronics and Information Technology (DeitY)
National Innovation Foundation (NIF) Science and Engineering Research Board (SERB)
Technology Information Forecasting and Assessment Council (TIFAC) Department of Electronics & Information Technology (DeitY)
Indian Space Research Organisation (ISRO)
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