Key terms of the agreement-
- DRDO grants a non-exclusive license for 10 years from date of its execution to utilize the technology for manufacture of Solar Heated Shelters in India and for sale in licensing region.
- The Company will pay royalty for Technology transfer to DRDO as may be mutually decided between both the parties
- The product developed by DRDO and manufactured, marketed by the Company shall have marking, “Product Developed by DRDO” or words to this effect.