What Is DSIR Recognition? Benefits Of DSIR Recognised Biotech Company

We are now DSIR-Recognised and all-set to fuel the BioTech R&D verticals.

Though it is no surprise to our clients who have been walking by us, shoulder-to-shoulder for over three decades, banking on our R&D endeavours for creating eco-friendly enzymatic alternatives for multiple industries that have predominantly opted for chemical solutions that are otherwise toxic to the environment. However, the benefits of investing in our enzymatic solutions extends far beyond its assured ecological-safety, which has already got a lot of industries fleeting to make the switch and now investors and dealers have all the more reasons for commencing business with Infinita Biotech post our acquisitional achievement of being cleared for the Department of Scientific and Industrial Research [DSIR] Certification, a promotional arms that benchmarks and fosters in-house technology, development, utilisation and transfers at global standards and functions directly under the Indian Ministry of Science and Technology, enabling our dealers taxation exempts and benefits over various purchases in our arrays of multidivisional and industry-grade bio-products. 

What is DSIR?

Everybody has at some point come across the Make in India initiative that was launched by the Government of India(GOI) in 2014, aimed at promoting innovations throughout the country for attracting global attention towards the Indian production and manufacturing sectors for booming investments and turning India into a designs-and-manufacturing hub of the world.

However, much before the 2014 initiative, the GoI introduced another bill through a Presidential Notification in 1985, a nation-wide initiative with similar interests and promotional vision for India, which came to be known as the Department of Scientific and Industrial Research, under the direct supervision of the research and innovation ethics regulators/watchdog, i.e. the Ministry of Science and Technology, India. The department mandatorily focuses on promoting enterprises to develop globally competitive tech and laboratory-grade R&D while bridging the gap between research labs and industrial raw-material manufacturers/dealers with the help of various programmes and schemes under DSIR facilities and guidelines.

Why Is DSIR Important And How Does It Benefit Manufacturers? 

Well, it is quite clear that the initiative was deployed in favour of the manufacturing and software designing sectors of various industries, for incorporating research-driven culture and in-house innovations, envisioned to encourage, foster and strengthen the production sector of the country which would positively push the overall economic and infrastructural development. Furthermore, DSIR recognition programmes are structured to ensure business-related satisfaction with plenty of benefits that make R&D and innovations a lucrative model for investors and entrepreneurs.

However, one of the major benefits of DSIR for most is its levy on tax and zero customs duty. Yes, you heard right! Any purchases made for R&D purposes by a DSIR recognised business will completely be exempt from paying customs.

Furthermore, DSIR recognition deems you eligible for availing upto 150% of IT returns for capital and revenue expenses incurred in any R&D-based projects, with no lower or upper cap limit on R&D-related expenditure. Plus, being the only certification program in India that sets a world-level benchmark for industrial research, DSIR-recognition features your brand at the world stage along with countries with similar certification programmes like Europe, USA, and China which is currently the manufacturing giant of the world. Thus, it is needless to say that acquiring this level of recognition involves the fulfillment of strict guidelines which assures investors globally of the effort and seriousness put forth in bringing the project to play, which in most cases motivates even the government to invest grants or provide funds.