Former President Kalam presents national awards on Technology Day

New Delhi, May 11 (ANI): Former President of India, Dr. A. P. J. Abdul Kalam, on Wednesday gave away national awards on technology to industrial/individual concern for developing indigenous technology.

The awards are instituted by Department of Science and Technology and Department of Bio-Technology to the successful commercialization of indigenous technology by an industrial/individual concern.

The national awards have two components: (i) to the industrial concern, which has successfully commercialized indigenous technology and (ii) to the developer / provider of such technology. Each component carries a cash award of Rs. 10.00 lakhs along with the trophy.

In addition to this Technology Development Board (TDB) has introduced cash Award of Rs. 5.00 lakhs to be given to maximum three SSI units, which have successfully commercialized a technology-based product.

The national awards of Rs. 10.00 lakhs for the year 2011 was awarded to Reliance Industries Limited, Hazira manufacturing Unit, Surat, Gujrat for indigenous development and commercialization of advanced donor RELD1000 technology for high performance raffia grade polypropylene production.

Award to SSI units 2011 of Rs. 5.00 lakhs each was awarded to two companies, Top Gear Transmission, Addl. MIDC, Satara, Maharashtra and NUMAC, MIDC, Hingna, Nagpur, Maharashtra for developing and commercialization of product.

Apart from these awards DST, DSIR and DBT awards were also presented. The award for the best technology business Incubator was given to Centre for Innovation and Entrepreneurship, IIM, Ahmedabad.

Dr. Kalam also e-launched the product of the companies.

Technology Day is celebrated as a symbol of quest for scientific inquiry and technological creativity and the translation of that quest in the integration of science, society and industry from 1998. (ANI)