Is there a possibility for "defense-tech" startups with ecosystem and everything around it in India? Even AMA with relevant person, highlighting problems faced by defense-tech and possible solutions. Some hints with excerpts are below. Otherwise, how divide and rule is working here, Courage (defense) vs Technology (startups)?
According to Ashutosh Sharma, secretary, department of science and technology (DST), in the 2016-17 financial year, it will provide seed capital to 50-80 new ventures with funding ranging from Rs 50 lakh to Rs 1 crore per company.
Like any massive enterprise, the U.S. military is highly dependent on cutting-edge technology. Unlike most companies, it doesn’t need to worry about turning a profit, which means it can spend decades and billions of dollars on even the most problematic projects.
One more aspect - can a startup do it's own idea - sadly no. This is because the scientists in DRDO work to do their idea, and look for partners to shape their ideas to reality - that is their job. Otherwise they are not scientists but fund managers. India doesn't have the DARPA model of funding the private industry.
Mumbai-based Ideaforge, incubated at IIT-Bombay, is also betting on the UAV space. Its bird-sized UAV can take off vertically like a helicopter. "We see a $1-2 billion opportunity in UAV segment in India", said Ankit Mehta, founder of IdeaForge. The firm is in collaboration with DRDO. They are preparing to pitch their small, bird-like UAV, called Netra, to the Army and homeland security agencies.
How others think about it.
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