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Technology Acquisition and Development Fund: Explained

Published on Monday, December 26, 2016


Technology Acquisition and Development Fund (TADF) is set up recently by the department of Commerce and Industry to fund green development projects in India.

About TADF

  • TADF established under National Manufacturing Policy 2011
  • Implementing agency is Department of Industrial Policy and Promotion (DIPP)
  • Funds are managed by a joint venture GITA (Global Innovation and Technology Alliance)

Need for TADF

  • SME contribute to about 45 percent of India exports
  • SME employs about 60 million Indians and ranks after Agriculture as the largest employer
  • More than 6000 products are released yearly by SME giving a lot of scope in innovation in the SME sector
  • TADF was established to encourage SME to innovate and manufacture green products

Objective of TADF

  • Facilitation of Green, Clean and Energy efficient technologies through MSME
  • Projects under TADF take the form of patents, customized products, technology, specialized services and industrial design

TADF Schemes

  • Direct technology acquisition – 50 % subsidy or 20 lakhs reimbursed for technology transfer
  • Indirect technology acquisition - 50 % subsidy or 20 lakhs reimbursed for mutually agreed value
  • Manufacturing technology/equipment – 10 % subsidy on capital expenses up to a maximum of 50 lakhs
  • Incentives for green manufacturing – Green building construction, environment friendly measures etc

Features of TADF

  • Financial assistance to Indian owned MSME 
  • Scheme applicable to all MSME in the NIMZ (National Investment and Manufacturing Zones)
  • SME patent and technology acquisition costs covered
  • Direct patent acquisition costs reimbursed
  • Incentives given to adoption of innovation technologies in water conservation, rain water harvesting, pollution control, waste water treatment, green buildings and renewable energy projects
  • Green buildings are encouraged through TADF
  • Incentives given to reduced energy consumption and adoption of solar power systems


  • TADF contributes directly to the ‘Make In India’ Scheme to promote manufacturing in India 
  • Scheme facilitates the acquisition of green and clean technologies by SME
  • TADF helps bridge the technology transfer between international and domestic player at affordable cost
  • TADF schemes will promote green concept among MSME
  • Adoption of clean and green technologies will be encouraged
  • Environmental pollution will be reduced to a great extent through proper waste disposal mechanisms and adoption of green technologies
  • TADF will benefit both the manufacturing sector and at the same time contribute to the environment as a whole through adoption of clean and green technologies
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