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March 26, 2010

DSIR renews Bilcare recognition and duty exemptions

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Pune, 26 March 2010 - Bilcare Ltd. has been granted a renewed recognition for the second term in a row by Department of Industrial and Scientific Research (DSIR), Ministry of Science and Technology.

The Research and Development Unit of Bilcare, stationed at Rajgurunagar in Pune, has received a renewed recognition till March 31, 2015. The Ministry of Science and Technology has also extended an exemption from customs and excise duties on the equipment and consumables the R&D Unit imports till March 2015.

DSIR, a Government of India body that undertakes promotion of research and transfer of technology to India, carries out thorough evaluation of the R&D unit and ensures compliance with all the Government of India regulations before awarding renewals. The recognition and duty waiver is awarded every five years.


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