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Centre positive on setting up defence incubator in Hyderabad

IANS  |  Hyderabad 

Defence Sitharaman has responded positively to setting up a defence incubator in

Responding to a request from Telangana government, she agreed to consider setting up the defence incubator in T-Hub, the set up by the

According to Telangana's for and Industry K.T. Rama Rao, the Defence has responded positively to a letter written by him, requesting her to set up a defence incubator in the city, considering the defence eco-system here.

Sitharaman conveyed to that the defence incubator may be set up under the central government's Innovation for Defence Excellence (iDex) scheme.

thanked the for her positive response. He hoped that this will give further fillip to defence and sector in the state.

The wrote that under scheme, the central government may allocate funds to promote MSMEs, startups, individual researchers, research institutes and students in defence and sectors.

said the proposed defence incubator could be allotted space in the upcoming second phase of T-Hub. This facility could serve as a centre for prototyping and testing in defence sector and for skill development.

He said the defence incubator would give further boost to the ongoing research work in the defence sector in He pointed out that several institutions in defence and were functioning in the city for many decades. These include 10 institutions in the government sector including DRDO, 25 manufacturers and over 1,000 MSMEs.

After formation of Telangana state, the government identified defence and aerospace as key sector and attracted several new investments over last four years.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 13 2018. 23:22 IST