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Defence Minister Rajnath Singh

India will soon become net exporter of defence equipment: Rajnath

Rajnath also mentioned about the Ministry of Defence’s approval of a central sector scheme for iDEX with a budgetary support of about Rs 500 crore for the next five years from 2021-22 to 2025-26. The scheme would provide financial assistance to around 300 start-ups/MSMEs/individual innovators and about 20 partner incubators through Defence Innovation Organisation (DIO).