Under Technology Development Fund (TDF) scheme, the Ministry of Defence has sanctioned around 68 projects worth Rs 287.40 Crores till date; out of which DRDO’s share is Rs 250.12 Crores. Besides, a total fund of Rs 58.87 Crores out of the DRDO share of Rs 250.12 crore have been released. The state-wise details are given…
Up to 28 February 2023, the Ministry of Defence has provided grants/funds to about 139 iDEX winners. The Services, after successful trials, have placed supply orders on three iDEX winners. Moreover, the Ministry has also accorded Acceptance of Necessity (AoN) for 13 more iDEX products. Innovations for Defence Excellence (iDEX) framework was launched by the…
Bharat Electronics Ltd (BEL), a Navratna Defence PSU, presented the second interim dividend cheque of Rs. 224,27,53,160.40/- to the Defence Minister Rajnath Singh today on March 27, 2023. BEL has declared 60% percent as Second Interim Dividend (Rs. 0.60/- per share) to its shareholders for the financial year 2022 – 23. This is the 20th…
The Defence Research & Development Organization (DRDO) undertakes design and development of products for use by Indian Armed Forces. After successful product trial and evaluation, the technology of the same is transferred to Indian industries for mass production by signing a Licensing Agreement for Transfer of Technology (LATOT). The current DRDO policy for Transfer of…
