The Technology Development Board (TDB), established in 1996 by the Government of India, is a statutory body that functions under the Ministry of Science and Technology. TDB's primary role is to promote the development, commercialization, and adaptation of indigenous technology. TDB encourages enterprises to take up technology-oriented products by providing financial assistance in the form of loans, equity, and grants to industrial concerns and R&D institutions. It aims to strengthen technology development and commercialization across various sectors, supporting innovation and fostering collaboration between industry and research institutions.
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