He assured private
companies of the government’s full support in making India an innovation and
technology hub, and one of the strongest countries in the world. He was
addressing scientists, industry leaders, academia, start-ups, micro, small and
medium enterprises (MSMEs), and young entrepreneurs during Twaral, a workshop
featuring the Defence Research and Development Organisation (DRDO) and industry
on “defence technology acceleration” in New Delhi.
Highlighting the DRDO’s efforts to promote a
scientific temperament, Rajnath pointed out that the defence ministry’s
Technology Development Fund (TDF) scheme is providing up to 90 per cent of a
project’s cost as grant support to eligible industries.
“The total support is
up to Rs 50 crore, a good amount for any MSME or start-up to invest in defence
R&D. Since its launch six years ago, 79 projects have been sanctioned, of
which, technology has successfully been developed in 18 projects,” he said.
As part of the event,
the defence minister launched “Dare to Dream 5.0” to encourage the next
generation of innovators to develop transformative ideas for defence
applications.
Rajnath felicitated the winners of “Dare to Dream
4.0,” in which innovators
came up with disruptive solutions in the fields of countermeasures for drones;
advanced acoustic systems to locate gunfire; directed energy technologies;
cognitive listening devices; target-seeking and proximity sensing; free-space
laser communication systems; and multi-terrain, multi-utility robots, among
others.