Government invites Indian companies to pitch indigenous waste technologies for technology commercialization

The government has solicited proposals from Indian companies with innovative indigenous waste technologies for the commercialization of the technology.

The Technology Development Board (TDB), a statutory body of the Department of Science and Technology (DST) of the central government, invited companies with innovative indigenous technologies in areas focusing on municipal solid waste, plastic waste , construction and demolition (C&D) waste, agricultural waste, biomedical waste, electronic waste, hazardous and non-hazardous industrial waste, battery waste, radioactive waste, AI-based solutions, in accordance with national requirements and focus on “Swachhta”, the Ministry of Science and Technology mentioned in a press release Friday, May 6.

The deadline to submit the proposal is July 3.

TDB will provide financial assistance to selected Indian companies for the commercialization of the technology.

Evaluation for selection will be based on scientific, technological, financial and commercial merit and financial assistance will be provided in the form of loan, capital and/or grants, the ministry said.

According to the ministry, the invitation or call for proposals titled TDB ‘Waste to Wealth’ responds to the challenge of keeping major cities in the country waste-free and at the same time generating wealth from waste.

“With this call, TDB, which is a pioneer in helping innovative indigenous technologies, aimed at improving the living comfort of the common man, has reached out to help industry and academia work together to overcome this challenge to realize the Honorable Prime Minister’s vision under Swachh Bharat Mission – Urban 2.0 to make all our cities ‘garbage-free’,” the ministry said.