scorecardresearchTechnology development fund cap of defence ministry raised by five times

Technology development fund cap of defence ministry raised by five times

Updated: 09 Jun 2022, 10:58 AM IST
TL;DR.
The technology development fund scheme supports indigenous development of components, products, systems and technologies by MSMEs, and start-ups
To facilitate increased funding for innovative TDF products, the Union Budget for 2022-23 has reserved 25 per cent of the defence R&D budget for private industry, start-ups and academia.

To facilitate increased funding for innovative TDF products, the Union Budget for 2022-23 has reserved 25 per cent of the defence R&D budget for private industry, start-ups and academia.