A MOU on the India-Russia unified technology assessment and accelerated commercialization programme, was concluded in Moscow in 20th June 2017.
The MOU aims at facilitating support enterprises to improve their global competitiveness through international cooperation, innovative activities and technology transfer.
The two agencies (DST and FASIE) will link the Indian and Russian organisations and institutions to develop user-friendly and easy mechanisms for assisting companies and research entities to jointly develop technology collaboration and joint projects.
The meeting concluded with an Addendum to the Agreement between DST and RSF on coordinated competition for conducting collaborating research.
Both sides would support young achievers (less than 39 years) in a competitive mode for joint collaborative research.
Next call for proposals would be made in 2018. Presently 17 joint projects are being supported by DST and RSF jointly.
Science and Technology cooperation between India and the Russian Federation has been one of the important pillars of the long standing and time tested bilateral relationship.
The vibrant partnership in science and technology has created a win-win situation which is driven by a sense of confidence and purpose in achieving together.
This deepening relationship has enabled the free confluence of researchers across disciplines and institutions both from academia and research laboratories.
The principles of collaborative advantage, reciprocity and mutual trust are the hall mark of the India-Russia S&T relationship.
India and Russia are celebrating 70th year of establishment of diplomatic relations between two countries. Department of Science & Technology, New Delhi and Russian Foundation for Basic Research, Moscow are also celebrating 10th year of their partnership.
Two sides are agreed to work for start-up companies and entrepreneurs and to establish Indo-Russian Bridge for Innovation.
