New Delhi, June 9 -- In keeping with Prime Minister Narendra Modi's vision of 'Go Local, Go Vocal', the Technology Development Board (TDB) under the Department of Science and Technology has extended financial aid to a Hyderabad-based private startup Autocracy Machinery.
The funding is aimed at the commercialisation of advanced trencher technology developed in-house by the startup, according to a statement by the Union Science and Technology Ministry.
Led by first-generation entrepreneur Santhoshi Sushma Budhiraju, the startup is working toward establishing India as a hub for specialised construction and agricultural machinery. With an in-house R&D team, it is also setting up a full-scale manufacturing facility to cater to both dome...