‘DRDO to fund incubation centres working on defence-related problems’

Amaravati, Jul 26 (PTI):
The Defence Research and Development Organisation would fund incubation centres that work on defence-related problems, its Chairman G Sateesh Reddy has said.
The DRDO would also collaborate with universities on long-term projects, under the Directed Research Programme, for two or three decades, he said. Sateesh Reddy, who was on a three-day visit to his home state, interacted with SRM University-AP Pro-Vice Chancellor D Narayana Rao, Vice-Chancellor V S Rao, scientists and faculty of the university. He said fresh B.Tech graduates would be provided a financial assistance of up to Rs one crore each for setting up incubation centres that could find solutions to defence-related problems.
“If these fresh graduates could rope in an industry as a partner, we can then extend financial assistance up to Rs 10 crore,” he added. DRDO has also started joint PhD programmes with universities and institutions across the country, wherein the defence body’s scientists would act as co-guides. Research scholars enrolled for the programme would get an opportunity to work in DRDO labs during
the tenure, Sateesh
Reddy said.