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FICCI workshop on commercialization of innovations Rather for bringing technology from mind to market Says 40 lakh youth targeted for skills up gradation
7/12/2011 12:05:05 AM

EARLY TIMES REPORT
SRINAGAR, July 11:


Emphasizing the need for a workable mechanism to transform the existing innovations into commercial products, the J&K Minister for Finance and Ladakh Affairs today called for higher interaction between the academia, Research and Development (R&D) labs and the industry to enable successful commercialization of the technological innovations taking place in the country.
Speaking, after inaugurating a workshop “on Technology Development Board (TDB) Funding Schemes for Innovators” here today, Rather underscored the need for synergising the world of Science and the world of business by assisting the innovators in accelerating their technologies in the global markets.
The workshop was organized by the FICCI with technology partnership of the Department of Science and Technology, Government of India, Indo-US, Science and Technology Forum and IC2 Institute, University of Taxes Austin.
Besides about 150 participants from the J&K State including heads of various departments, professors, research scholars and young entrepreneurs the workshop was attended by the Director, FICCI, Nirankar Saxena, and Director, Technology Development Board, (TDB) Dr P S Raju.
The Minister said that the state has a rich talent in the field of Science and Technology which needs technical know how about right commercialization strategies for innovative technologies adding that funding remains a concern in ensuring that the fruits of our R&D efforts get rightly converted into commercial products and services. “Here comes the role of Technology Development Board (TDB),” Rather added. He hoped that the workshop, at Srinagar, third in the series after New Delhi and Mumbai, would prove fruitful for various stakeholders and participants.
Listing initiatives taken by the Government for developing scientific innovations in the State.
Rather said the enhanced plan allocations and increased government spending together with the executive actions taken during the last about two and a half years have already started showing results by way of sustained improvement in state’s GSDP and per capita income.


“Apart from improving the infrastructure, particularly in the field of communication, power generation, tourism and education, the state is steadily taking cognizance of innovative ideas including PPP module for implementation of various economic projects and adaptation of Information Technology on a mass scale,” Rather said adding that the visionary Chief Minister is personally taking keen interest in encouraging innovation and adaptation of technology in the State.

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