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Common Contracts

1 similar Research and Development contracts

Contract
Research and Development • September 28th, 2021

applicant Hilti Manufacturing India pvt.ltd manufacture and supply of diamond cutting tools and other innovative tools required by the construction industry such as Diamond wheels, Diamond core bit drill, Grinding wheels, Grinding plate, Easy cut diamond segments, Flange Barrel and Frame Straw/Gang saw bladeshave entered into an agreement with Hilti Aktiengesellschaft, located at Feldkircherstrasse 100, Postfach 333, Leichtenstein for carrying out various R&D activities on the product samples provided to the applicant in India. that as per the terms of the said agreement, the applicant is conducting tests on various products, providing product development and engineering services such as conducting benchmark testing and feasibility studies, analyzing data and targets, designing the products, making prototypes, verifying and validating the process and product to foreign company; that all the results of these activities undertaken by the applicant are then provided to the foreign company