MoU6 Nov 2024, 06:49 pm
NIBE Ltd Enters into Licensing Agreements with DRDO for Transfer of Technology in India
AI Summary
NIBE Ltd has executed Licensing Agreements with Vehicles Research & Development Establishment (VRDE), High Energy Material Research Laboratory (HEMEL), and Instruments Research & Development Establishment (IRDE), Defence Research & Development Organisation (DRDO), Ministry of Defence, Government of India for Transfer of Technology to manufacture and sell Full Trailer of 70th Tank Transporter for MBT Arjun MK -1A, OPX-Revilator, and Laser Photoacoustic Spectroscopy (LPAS) respectively in India to Indian Armed Forces/Other Govt. Agencies (Central and State).
Key Highlights
- Transfer of technology for manufacturing and selling Full Trailer of 70th Tank Transporter for MBT Arjun MK -1A to Indian Armed Forces/Other Govt. Agencies.
- Transfer of technology for manufacturing and selling OPX-Revilator to Indian Armed Forces/Other Govt. Agencies.
- Transfer of technology for manufacturing and selling Laser Photoacoustic Spectroscopy (LPAS) to Indian Armed Forces/Other Govt. Agencies.
- Agreements executed with DRDO, Ministry of Defence, Government of India.
- Manufacturing and sales to be done in India only.