Japan tops in technology transfer pacts, says RBI Survey

Japan topped the list of countries with which Indian companies entered into Foreign Technology Collaboration (FTC) during 2012-13 and 2013-14, a RBI Survey said today.
"In terms of source of technology transfer, Japan, USA and Germany were the top three countries which together accounted for 51 per cent share in total FTC agreements," the Reserve Bank Survey said.
The other countries accounting for significant technology transfer agreements include United Kingdom, Singapore and Italy.
It further said that as many as 528 technology transfer agreements were signed during the two year period (2012-2014) as against 334 pacts in the previous two-year period (2010-2012).

"Among the FTC agreements reported by companies, the share of agreements providing 'Know-how transfer' increased to 66.9 per cent from 45.8 per cent in 2010-2012," it said.
While 133 agreements were signed with Japanese companies, 69 and 67 pacts were signed with the US and German firms respectively between 2012-2014.
Out of the 303 companies which reported agreements during the period 2012-14, 160 were foreign subsidiaries, 94 were foreign associates, 9 had pure technical collaboration and the remaining 40 companies had less than 10 per cent foreign equity participation and/or had only outward investment, RBI said.
The share of agreements involving royalty and lump sum technical fees, only royalty and only lump-sum technical fees stood at 30.5 per cent, 48.1 per cent and 21.4 per cent, respectively during the survey period.