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<root>
    <author>ENA</author>
    <category>Sectors</category>
    <date>2024-07-04 15:58:17</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Jul 4 (KNN)&lt;/strong&gt; The Indian Ministry of Defence has allocated over Rs 300 crore through its Technology Development Fund (TDF) to bolster indigenous defence capabilities and promote self-reliance in the sector.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This initiative, part of the 'Make in India' campaign, aims to support local industries, MSMEs, startups, and academic institutions in developing cutting-edge military technologies.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The TDF, executed by DRDO, provides grants-in-aid for developing defence and dual-use technologies currently unavailable in India's defence industry.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The program focuses on engaging private industries, particularly MSMEs and startups, to meet current and future needs of the Armed Forces.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Several successful projects have emerged from this initiative. Combat Robotics, a Pune-based startup, developed a multi-domain simulator for unmanned vehicles.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Another Pune firm, ChiStats Labs, is working on virtual sensors for aero gas turbine engine health monitoring using AI/ML. In Bengaluru, NewSpace Research and Technologies created an autonomous drone for indoor operations.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The projects contribute significantly to technological advancements in defence, with applications ranging from hazardous environment exploration to industrial inspections.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The TDF's support for indigenous innovation is a significant step towards achieving 'Aatmanirbharta' (self-reliance) in defence technology and strengthening India's defence manufacturing ecosystem.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This move aligns with the country's broader strategy to reduce dependence on foreign military technologies and foster a robust domestic defence industry.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;By creating an R&amp;amp;D ecosystem that integrates industry and academia, the Ministry seeks to bolster the country's overall defence capabilities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>38471</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/defence-ministry-allocates-rs-300-cr-fund-for-technology-development-fund-tdf</link>
    <pubDate>2024-07-04 15:58:17</pubDate>
    <source>knnindia.co.in</source>
    <title>Defence Ministry Allocates Rs 300 Cr Fund For Technology Development Fund (TDF)</title>
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