During his address at the Naval Innovation and Indigenisation Organisation seminar,Modi emphasised on how research and development has been opened up for the private sector, academia, MSMEs and start-ups in today’s defence ecosystem. He added that the country is moving fast from being the biggest arms importer to a big exporter in the defence sector.

The government is taking all the necessary steps to strengthen the public sector defence companies by organizing them in different sectors. Premier institutions like IITs are being utilized in the fields of defence research and innovation.

“In the last 8 years, we have not only increased the defence budget, but we have also ensured that this budget is useful in the development of the defence manufacturing ecosystem in the country itself. Today, a large part of the budget earmarked for the purchase of defence equipment is being spent on procurement from Indian companies, “he added.

The defence imports in the last 4-5 years have come down by 21 per cent.

As a part of the ‘Azadi ka Amrit Mahotsav’, NIIO in association with the Defence Innovation Organisation (DIO), aims at inducting at least 75 new indigenous technologies and products into the Indian Navy.

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The TDF scheme supports indigenous development of components, products, systems and technologies by MSMEs and start-ups. It is executed by the Defense Research & Development Organisation (DRDO).

The Centre under the Union Budget 2022-23 allocated 25% of defence R&D budget to private business, startups, and academics. The enhanced funding is in line with the budget announcement and it will give further boost the vision of ‘Aatmanirbharta in defence’, the Defence Ministry said in a release.

The main goal of the TDF Program is to provide the defence manufacturing industry a huge boost by pushing the industry to innovate and develop defence technology in order to put India on the path to self-reliance.

The programme provides funding for up to 90% of the project’s total cost, allowing industry to collaborate with another industry.

The industry and startups will be able to create more complex technologies for existing and future weapon systems and platforms thanks to increased investment. The TDF programme has approved 56 projects to date.

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