Indo-German Technology Centre

India and Germany have mutually agreed to set-up Indo-German Science and Technology Center (IGSTC) in India to be jointly supported by Indian and German Governments.

Government has approved the establishment of Indo-German Science and Technology Centre (IGSTC). It will be located in National Capital Region and will be registered as “Society” under Societies Registration Act (Act XXI of 1860, Punjab Amendment Act 1957) as extended to Delhi. The Indo-German Science and Technology Centre will be jointly supported by Government of India (Department of Science and Technology) and Government of Germany (Federal Ministry of Education and Research). Each side will contribute equivalent amount of 2 million euro per year for 5 years.

The main aims and objectives of the Centre are to support flagship joint research projects involving academic/research institutes and a private industry from both sides and to extend financial support for industrial Research and Development, technology commercialization and partnership development activities to foster Science and Technology cooperation between two countries as per our national priorities.

This was stated by Shri Prithviraj Chavan, the Minister of State (I/C) for Science and Technology and Earth Sciences in the Lok Sabha today.

Source: Press Information Bureau
Date: May 05, 2010