The objective of this programme is to foster & support the industrial collaborative R&D projects that brings together companies, research organizations & academics from India & Italy for joint development of Innovative Products, Processes or Services. The aim is to deliver benefits to all participants, and more importantly, to both nations. Department of Science & Technology (DST), Government of India and Ministry of Foreign Affairs and International Cooperation, of the Italian Republic, have created funding mechanisms through which companies may seek support for joint Italy-India research and development (R&D) projects. This bilateral programme between India is Technically & Administratively managed by the Global Innovation & Technology Alliance (GITA) in India.
Funding criteria is as follows:
• Project Lead from Industry 50% (minimum)
• Govt. of India provides financial support up to 50%
• Project Lead from Industry
• Govt. of Italy provides financial support of up to 200,000 Euros