Live
- BMW's another all-electric car launched in India
- Kajol’s style mantra of the day: Life is short, let my pallu be long
- IPL 2024: Sometimes it works, sometimes it doesn't work, says R Sai Kishore on being held back till 19th over
- Treating politician differently from ordinary criminal will violate Constitution: ED tells SC on CM Kejriwal's plea
- Adverse weather conditions may hit mango crops in UP: Experts
- Cong to snatch reservation from Dalits, says Union Minister Pralhad Joshi
- Congress tied hands of our soldiers, we gave them full freedom to retaliate: PM Modi
- Big B on being honoured with Mangeshkar Award: ‘Abhaar aur mera param saubhagya’
- Fashion Entrepreneur Fund opens up for pre registrations
- ICEA shares blueprint for India to become a global leader in chip value chain
Defence incubator approved by Centre, to come up in second phase of T-Hub
Telangana IT and Industries Minister KT Rama Raos proposal for setting up another unique incubator for the defence sector in Hyderabad has received a positive response from Union Defence Minister Nirmala Sitharaman
Telangana IT and Industries Minister KT Rama Rao’s proposal for setting up another unique incubator for the defence sector in Hyderabad has received a positive response from Union Defence Minister Nirmala Sitharaman.
Welcoming the decision of the Union Defence Ministry, KTR thanked Nirmala Sitharaman and said that the decision will strengthen the defence sector established in Hyderabad.
He added that Hyderabad has vibrant defence eco-system due to the presence of numerous defence organisations and that there are at least 10 other public sector defence companies besides Defence Research and Development Organisation (DRDO) along with another 25 private companies and around 1,000 MSMEs.
The Minister wrote a letter to the Defence Ministry seeking the establishment of a defence incubator in Hyderabad which would attract fresh investments and assured support from Telangana government for establishing the incubator at India’s largest incubator, T-Hub.
KTR also said that the incubator will take up research activities and be a hub for testing prototypes, scaling along with training. He stated that the defence incubator will come in the second phase of T-Hub for which separate arrangements will be made.
The new defence incubator will be established under the Innovations for Defence Excellence (iDex) programme of the Central government in Hyderabad.
