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CSMCRI eyes revenue from patents

16 May 2011

All the tourist buses in Gir sanctuary now run on bio-disel produced by CSMCRI. After Bhavnagar’s Central Salt and Marine Chemicals and Research Institute’s (CSMCRI) jatropha based bio-diesel was granted patent in the US end of last year, it has started supplying the fuel to tourist buses in Gir sanctuary.

Around six to seven buses in the lions’ sanctuary now run on 100 per cent bio-diesel without any engine modification. The tourism department is consuming close to 3,000 litres per month at an average price of Rs 45 per litre.

As CSMCRI starts work on monetising some of the 50 odd patents that it has been granted in the last eight years, some interesting tie-up opportunities are thrown up. The institute which is a part of the Council of Scientific & Industrial Research (CSIR) is planning to earn anything between Rs 5-10 crore per year from royalty and licensing of its patents……..

Read more: http://www.business-standard.com/india/news/csmcri-eyes-revenuepatents/435635/

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Written by csirindia

May 16, 2011 at 8:41 pm

Posted in CSMCRI

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