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The Technology Development Fund (TDF) is a flagship initiative under
Explanation
The Technology Development Fund (TDF) is a flagship programme of the Ministry of Defence, executed by the Defence Research and Development Organisation (DRDO). It was established to promote the 'Make in India' initiative by fostering self-reliance in defense technology.
The scheme provides financial support and technical handholding to Indian industries, specifically MSMEs and startups, to design and develop indigenous defense components, products, and systems. By bridging the gap between R&D and commercialization, it encourages the private sector to participate in the defense supply chain. Funding is typically provided through grants-in-aid for projects that meet the specific operational requirements of the Indian Armed Forces or DRDO.