New Delhi, April 17 -- The Technology Development Board (TDB), operating under the Ministry of Science and Technology, has announced significant financial assistance to Hyderabad-based M/s dvipa Defence India Pvt. Ltd. (formerly M/s dvipa Armour Pvt. Ltd.) to advance the domestic manufacturing of small arms in India.

The funding will support the 'Development and Commercialisation of 7.62 mm x 51 mm Assault Rifles'-a project aimed at producing high-performance rifles that meet the Indian Army's General Staff Qualitative Requirements (GSQR).

This financial backing will facilitate the development, testing, and commercialisation of the UGRAM rifle, while also enabling the establishment of an advanced in-house manufacturing facility equipped...