ICAR-CRIDA transfers non-exclusive licenses for farm implement designs to Entrepreneurs of Maharashtra

6th March, 2015, Hyderabad

ICAR-Central Research Institute of Dryland Agriculture, Hyderabad commercialized farm machinery technology to 5 major firms from Maharashtra viz. M/s Rohit Steeel Works, Pune; M/s S.R. Engineering Services, Wardha; M/s Sai Agrotech, Yavatmal; M/s Mahashakti Agro Energy Innovation Ltd., Wardha and M/s Shri Balaji & Co., Gondia. The institute had show-cased designs of 15 farm implements viz. CRIDA ridger planter/BBF planter (Tractor drawn), CRIDA Precision planter cum Herbicide applicator, CRIDA 9- row planter, CRIDA 6- row planter, CRIDA 3/4 row planter (Bullock drawn), CRIDA 2 row planter (Bullock drawn), CRIDA plough planter & drill plough, CRIDA Manual weeder, CRIDA Bullock drawn weeder, CRIDA Orchard Sprayer, CRIDA Castor sheller, CRIDA Groundnut stripper, CRIDA mini dhal, CRIDA herbal dryer and CRIDA vegetable preservator to the firms for non-exclusive licensing out of which 6 designs to M/s Rohit industries; 9 designs to M/s Balaji & Co.; 15 designs to M/s Sai Agrotech; 13 designs to M/s Mahashakti Agro Energy and 12 designs to M/s S.R. Engineering were transferred through Memoranda of agreements. The agreement included one time contracting fee and periodic royalty payment on sale proceeds.

ICAR-CRIDA transfers non-exclusive licenses for farm implement designs to Entrepreneurs of MaharashtraICAR-CRIDA transfers non-exclusive licenses for farm implement designs to Entrepreneurs of Maharashtra

Speaking on this occasion, Dr. Ch. Srinivasa Rao, Director, ICAR-CRIDA urged the firms to adhere to the quality of the implements so that the farmers can reap the benefits of the research outputs of the institute.

(Source: ICAR-Central Research Institute of Dryland Agriculture, Hyderabad)