19 October 2026
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NRDC Appoints CEL CMD Shankar Narayan as Additional Chairman and Managing Director

The Appointment Aims to Strengthen NRDC’s Focus on Technology Transfer, Research Commercialisation and Innovation to Support India’s Technological Development.
Indian Masterminds Stories

New Delhi: The National Research Development Corporation (NRDC) has welcomed Shankar Narayan, Chairman and Managing Director (CMD) of Central Electronics Limited (CEL), as its Additional Chairman and Managing Director (Additional CMD).

The appointment is expected to strengthen NRDC’s efforts to promote innovation, facilitate technology transfer and support the commercialisation of research and development (R&D) outcomes. The organisation expressed confidence that Narayan’s leadership and extensive professional experience would contribute to its continued growth and technological development.

NRDC also extended its best wishes to Narayan, expressing optimism about achieving new milestones in innovation, success and organisational excellence under his leadership.

Who Is Shankar Narayan?

Shankar Narayan is a mechanical engineer who graduated from the Indian Institute of Technology (IIT) Kharagpur. He brings over 33 years of professional experience across project execution, manufacturing, commercial operations, procurement, corporate strategy and business development.

His career spans leadership roles in major industrial and public sector organisations, giving him experience in operations, business management and strategic planning.

Read also: NRDC Signs MoA With CPPRI to Boost Technology Development, Transfer and Commercialisation

Shankar Narayan’s Professional Career

Narayan began his professional career with Eicher Goodearth in 1991. In 1992, he joined Bharat Heavy Electricals Limited (BHEL), where he held various leadership positions during his tenure, eventually serving as General Manager (GM).

His experience at BHEL included exposure to key industrial and management functions, contributing to his expertise in manufacturing, project execution, procurement and business operations.

On October 29, 2025, Narayan was selected for the post of Chairman and Managing Director of Central Electronics Limited by the Public Enterprises Selection Board (PESB), before formally taking charge of the position.

In addition to his role as CEL CMD, he has now been appointed Additional Chairman and Managing Director of the National Research Development Corporation.

NRDC Appointment to Strengthen Technology Commercialisation

NRDC expects Narayan’s leadership and experience to support its initiatives in innovation, technology transfer and research commercialisation. His appointment brings together the leadership of two public sector organisations associated with technology development and commercialisation.

The corporation aims to strengthen the connection between scientific research and industry by facilitating the transfer of technologies developed by research institutions and laboratories for commercial applications.

Narayan’s experience in industrial operations, corporate strategy and business development is expected to support these efforts and help NRDC pursue further milestones in technological advancement.

Strengthening India’s Technology Transfer Ecosystem

Technology transfer and research commercialisation play an important role in converting scientific discoveries into products, processes and services that benefit industry and society.

NRDC works to connect research institutions with businesses, helping bring indigenous technologies closer to commercial deployment. The appointment of Narayan is expected to contribute to these efforts and support India’s broader technological progress.

About National Research Development Corporation (NRDC)

National Research Development Corporation (NRDC) is a public-sector enterprise under the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology, Government of India. It works to promote, develop and commercialise technologies emerging from research and development institutions and supports technology transfer to industry.

Read also: NRDC Signs MoU with CICU Ludhiana to Boost Technology Support for MSMEs and Startups


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