Monday 03 October 2022, 11:50 PM
Rs 10 crore grant for start-ups under DRDO's TDF scheme
By IANS | Bharat Defence Kavach | Publish Date: 9/3/2021 7:39:39 PM
Rs 10 crore grant for start-ups under DRDO's TDF scheme

Hyderabad: Start-ups can compete for grant funding of up to Rs 10 crore each for developing high-technology solutions against specific requirements posted by Defence Research and Development Organisation (DRDO) under its Technology Development Fund (TDF) scheme.

T-Works and T-Hub on Friday co-hosted a high-level DRDO team led by Director Nidhi Bansal to orient start-ups and MSMEs on TDF scheme.Bansal said start-ups working with T-Works and T-Hub can make efficient use of the funds awarded by DRDO-TDF. "In fact, 20 per cent of the awarded funds may be used by start-ups to utilise services of supporting incubators," she said.

The TDF has been established to promote self-reliance in defence technology as a part of 'Make in India' initiative. A programme of the Defence Ministry, it is executed by the DRDO to meet the requirements of the three services, defence production, and the DRDO. The scheme encourages participation of public/private industries, with a preference for start-ups and MSMEs, so as to create an ecosystem for enhancing cutting edge technology capability in the defence sector.

Telangana's Principal Secretary, Industries and ITE&C, Jayesh Ranjan, said that the state government has always been proactive in facilitating unique Central government schemes such as DRDO-TDF to reach start-ups. "We have T-Works, T-Hub, We-Hub, and RICH as part of our innovation ecosystem to drive start-up growth in the state and country," he said.

T-Works, India's largest prototyping centre, will enable start-ups to develop products which meet stringent quality standards of the DRDO through access to industry-grade equipment and in-house technical experts. "The facility will lower barriers for participating companies by providing high-end prototyping techniques at affordable prices all under one roof in our 78,000sft centre in Hi-tec City," said Sujai Karampuri, CEO T-Works and Director Electronics, EV and ESS in the Telangana Government.Representatives of 50 start-ups and MSMEs and senior officials attended the meet.




भारत डिफेंस कवच की नई हिन्दी पत्रिका ‘डिफेंस मॉनिटर’ का ताजा अंक ऊपर दर्शाया गया है। इसके पहले दस पन्ने आप मुफ्त देख सकते हैं। पूरी पत्रिका पढ़ने के लिए कुछ राशि का भुगतान करना होता है। पुराने अंक आप पूरी तरह फ्री पढ़ सकते हैं। पत्रिका के अंकों पर क्लिक करें और देखें। -संपादक

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