Global Innovation and Technology Alliance (GITA) is a “not–for–profit” Section-8 (Companies Act 2013) Public Private Partnership (PPP) company promoted jointly by the Technology Development Board (TDB), Department of Science & Technology (DST), Government of India (GoI) and the Confederation of Indian Industry (CII). GITA was initiated as a pilot project in 2007-08 in order to stimulate private sector's investment in R&D.
GITA assists DST in implementing industrial R&D programmes with different countries under bilateral and multilateral science and technology cooperation agreements. In these country-specific programmes, if one industry from India and one industry from another country proposed jointly to do R&D for developing a marketable product, both the governments will provide financial support up to 50% of project cost to their respective industries.
GITA has been envisaged as an industry-driven body for supporting competitive innovation clusters which in future can be entrusted with administering innovation funds under a PPP model, IP acquisition by the government for non-exclusive licensing for public and social good, sectors of R&D and promotion of innovation culture in centres of excellence.
- Funding: GITA extends financial support in form of grant /loan/conditional grant to promote industrial R&D, innovation, technology acquisition and international S&T collaborative efforts.
- Capacity Building: GITA catalyzes innovation and empower ideas through training and offering specialized information, matchmaking, IP protection etc in the areas of technology design and IPR management.
- Strengthing Eco System: GITA is involved in technical, financial, strategic policy research and recommendation to industry, research institutions, state and central government and offers global networking platforms.
- Deployments: GITA is mandated to facilitate the implementation of various innovative and revolutionary scientific and technological industrial research and development projects worldwide.