Technology Development Board (TDB)

The Government of India constituted the Technology Development Board (TDB) in September 1996, under the Technology Development Board Act, 1995, as a statutory body, to promote development and commercialization of indigenous technology and adaptation of imported technology for wider application.

The objectives are to:

1. promote new ideas from small enterprises even at the risk of failures;
2. encourage production of competitive consumer products;
3. motivate industries and R&D institutions for product innovation;
4. develop socially relevant and profitable technologies;
5. Identify and act in areas requiring strategic interventions;
6. Invest in core Technological Strengths to Enable India Industry to Stand-up to the competitive Pressure and Become a global Player.