This document summarizes an industry meet organized by ICAR in 2011 to promote partnerships between the agricultural research council and private industry. It outlines ICAR's initiatives for technology commercialization and agribusiness development. Key points include ICAR's policy framework for intellectual property management, progress made in filing patents and plant variety applications, and recommendations from the 2010 industry meet such as establishing annual meets, directories of agri-entrepreneurs, and consortiums for technology development and commercialization. The document concludes by discussing areas of potential partnership between ICAR and industry.