Technology Development Fund - DRDO | Latest Government Schemes in India | Updated Government Schemes in India | SaraNextGen

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Technology Development Fund (TDF) has been established to promote self-reliance in Defence Technology as a part of the 'Make in India' initiative. It is a programme of MoD (Ministry of Defence) executed by DRDO meeting the requirements of Tri-Services, Defence Production and DRDO.

The scheme encourages participation of public/private industries especially MSMEs so as to create an eco-system for enhancing cutting edge technology capability for defence application by inculcating R&D culture in industry.

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• MSMEs and Startups registered in India,
• Public limited company, private limited company, partnership firms, limited liability partnership, one-person company, sole proprietorship registered as per applicable Indian laws,
• Industry to be owned and controlled by a resident Indian Citizen with a shareholding of at least 51%

The project cost of up to INR 10 Cr will be considered for funding, subject to a maximum of 90% of the total project cost.

The funding will be through provision of grants to the industry.