NRDC, an enterprise under Ministry of Science & Technology, has entered into an agreement with Research & Development Centre for Iron & Steel (RDCIS) -- corporate R&D unit of Steel Authority Of India (SAIL) for transfer of technologies. The purpose of this agreement is promotion, development, licensing and commercial exploitation of indigenous technologies, know-how and inventions, including the technical and engineering know-how generated by RDCIS.
SAIL-RDCIS and NRDC recognize the respective strengths of the two organizations and accordingly agreed to cooperate in the development of technologies and their transfer to industry for commercial exploitation and socio economic benefits.
SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
