Speaking on the occasion, S Radhakrishnan, Director, Directorate of Industry Interface & Technology Management, DRDO, said, "The successful transfer of DRDO developed Copper-Titanium technology is a testament of the commercialisation potential of research done at DMRL, DRDO's premier research lab for metallurgy. With the successful completion of the technology transfer process, we are hopeful to see the technology being employed in wider application areas. The technology transfer shall enable the licensee, Pahwa MetalTech Pvt. Ltd., to manufacture the Copper-Titanium alloy for the first time in India."

Nirankar Saxena, Senior Director, FICCI observed, ‘With close to 100 MoUs for technology transfer signed till date under its aegis, the DRDO FICCI Accelerated Technology Assessment & Commercialization (ATAC) platform has provided an impetus to the ‘Make in India' initiative by enabling private sector players to acquire DRDO technologies and manufacture for wider applications and customer base'.

Lalit Kumar Pahwa, CEO & MD, PMTPL noted, ‘as a startup, PMTPL is very excited and to launch this 'Made in India' technology for the world. We thank the DRDO FICCI ATAC programme and the teams at DMRL, DRDO and FICCI for their support in helping us come thus far. We are proud to launch an exciting technology that shall have application in several sectors of the economy and will contribute to the Make in India initiative of our Hon'ble PM'.

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