India, May 13 -- India is witnessing a silent but seismic shift - where deeptech meets national security, and startups are suddenly part of the defence equation.
The Timing On Point
India's defence tech opportunity is no longer theoretical. The signals are everywhere:
Over 100 defence tech startups are now operational
FY25-26 defence budget has crossed INR 79,000 Cr, with nearly 70% reserved for domestic procurement
India's defence exports touched $2.63 Bn in FY24, up 32% YoY
Institutional frameworks like iDEX, Mission DefSpace, and the Technology Development Fund are now fully operational
In a major push for indigenisation, the defence ministry recently signed a INR 62,700 Cr contract with Hindustan Aeronautics Ltd (HAL) to procur...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.