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Govt taps MSMEs, startups for defence tech, sanctions Rs 1,264 cr projects

Business Standard LogoBusiness Standard3w ago

Govt taps MSMEs, startups for defence tech, sanctions Rs 1,264 cr projects - Business Standard

Quick Summary:

A fixed amount is provided as a cash prize to the winners in each category.A total of Rs 5.43 crore has been awarded to the winners of the four editions of the Dare to Dream Contest as cash prizes.

In line with the government's 'Aatmanirbhar Bharat' (Self-reliant India) vision, the scheme aims to integrate new industries into the design and manufacturing processes of defence technologies.

Among the key initiatives is the Technology Development Fund (TDF) scheme, a flagship programme under the MoD, executed by the Defence Research and Development Organisation (DRDO).


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 20:44:08 (3 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 593 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24169662

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 235 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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