CDIIC to incubate four startups in the defence sector

September 27, 2021 12:51 am | Updated 12:51 am IST - Coimbatore

Codissia Defence Innovation and Atal Incubation Centre (CDIIC), Defence Research Development Organisation - Technology Development Fund, Bharat Electronics, and Defence Innovation Organisation will work jointly to make Coimbatore a Defence Manufacturing Hub, according to a press release from the Centre.

The CDIIC organised a road show for Defence India Start up Challenge and exchanged MoUs with startups on Sunday.

At a virtual meeting held on Sunday, Nidhi Bansal, director of Technology Development Fund, Defence R&D Organisation, shared details of the funding opportunities for startups and MSMEs under the technology development fund. Sa. K. Vishnoo Prathap, Programme Executive of the Defence Innovation Organisation, said the Defence Secretary has instructed all defence PSUs to share the indigenisation list with the Centre in 10 days and finalise the products to be developed under the Defence Innovation Hub.

Four startups, Dataspire Technologies, Coimbatore, Edgeforce Solutions, Hyderabad, Mano Aircraft, Coimbatore, and Vellon Space, Madurai, signed incubation agreement with the CDIIC, according to the press release.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.