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Rajnath to launch fifth edition Defence Startup Challenge
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Rajnath Singh to launch Defence India Startup Challenge 5 0 on Thursday
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Centre working on second indigenisation list in defence sector
By IANS |
Published on
Wed, Mar 17 2021 16:27 IST |
32 Views
Shripad Yesso Naik. (File Photo: IANS). Image Source: IANS News
New Delhi, March 17 : The Centre is working on a second positive indigenisation list in the defence sector to boost the Aatmanirbhar Bharat (Self-reliant India) mission.
The Centre said it is pursuing initiatives to achieve higher levels of indigenisation and self-reliance in the defence sector by harnessing the capabilities of public and private sector industries in the country.
The government also said that the case for procurement of Light Utility Helicopters (LUH) and Light Combat Helicopters (LCH) is being progressed in accordance with existing procedures.
Synopsis
While announcing the winners of Defence India Startup Challenge, Defence Minister Rajnath Singh hinted that the funding for developing prototypes could be increased from the current grant of Rs 1.5 crore each.
AP
Attaining self-reliance in defence manufacturing is a crucial factor for maintaining India’s strategic autonomy, Defence Minister Rajnath Singh says.
Bengaluru: The defence ministry has selected a host of projects, including adaptive stealth, smart loitering munitions, pseudo satellite and underwater swarm drones, for development by startups as part of a programme to promote indigenous technology.
Announcing the winners of the Defence India Startup Challenge, Defence Minister Rajnath Singh hinted that the funding for developing prototypes could be increased from the current grant of Rs 1.5 crore each as the government is focusing on promoting indigenous design and development.
What is Innovations for Defence Excellence (iDEX) and what are its objectives?
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