21-07-2025
NRDC, RINL renew agreement on value-added services
The National Research Development Corporation (NRDC) and Rashtriya Ispat Nigam Limited (RINL) on Monday exchanged an addendum to the Memorandum of Agreement (MoA) to continue their collaboration. Under the renewed agreement, NRDC will continue to provide a suite of value-added services including intellectual property (IP) management, IP valuation, commercialisation support, and end-to-end technology transfer services to RINL.
This comprehensive support aims to enhance RINL's capabilities in protecting, evaluating, and monetising its in-house innovations. This renewed partnership reinforces the shared commitment towards fostering innovation, promoting indigenous technologies, and advancing the national goal of self-reliance in steel manufacturing, according to a statement issued by NRDC, Visakhapatnam.
Over the past five years, under the previous agreement, NRDC facilitated IP services that enabled RINL to file and secure the grant of 12 patents for in-house developed technologies in steel manufacturing, significantly contributing to Atmanirbhar Bharat. The new addendum to the MoA marks a continued journey of technological excellence and strategic IP management.
RINL's R&D Centre, which serves as the nodal agency for IPR activities within the organisation, plays a pivotal role in coordinating innovation-led initiatives and aligning them with strategic industrial goals.
The addendum to the MoA was exchanged in the presence of senior officials from both organisations. From RINL, Ranjan Mohanty, CGM (Works) I/c, Ruchira Gupta, head of R&D Centre, and T. Goutham, GM (Iron and Technology), and representing NRDC were B.K. Sahu, head (Outreach), and Bhavya, NRDC-Visakhapatnam participated in the proceedings, the release added.
