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Defence

A New Scheme For 'Deep Tech' In Defence Sector: Nirmala Sitharaman

Ujjwal ShrotryiaFeb 01, 2024, 12:13 PM | Updated 12:17 PM IST

Nirmala Sitharaman


Finance Minister Nirmala Sitharaman, in her Budget speech on Thursday (1 February), announced the creation of a scheme for deep tech in the defence sector.

"A scheme will be launched for strengthening deep tech in the defence sector to expedite Atmanirbharta," she said.

The scheme is expected to give a fillip to the innovation of deep tech in defence, allowing the armed forces to have cutting-edge weapons and tech for fighting future wars.

(More Details Awaited)

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