Defence TechnologyINVESTApproved
Defence Ministry approved over ₹2,400 crore procurement from startups and MSMEs
New Delhi, Delhi15 Oct 2026
The Ministry of Defence approved procurement worth over ₹2,400 crore from startups and micro, small and medium enterprises (MSMEs), according to remarks made at an event on October 15, 2026. The article also states that defence projects worth over ₹1,500 crore have been approved to develop new technology.
Why it matters
This commits government defence purchasing toward smaller domestic firms, which can translate into production orders and capability-building in the defence supply chain.
Ministry of Defence (India)