With the Government of India permitting 100 percent foreign direct investment in India’s defense industry, many startups in India’s private sector have started to design technologies that can be used in manufacturing defense equipment.
Bangalore-based Aadyah Aerospace builds electro-mechanical actuators, control actuation systems and electro-optics systems for missiles and launch vehicles.
Since military equipment can’t always be tested on the field, CM Envirosystems, another Bangalore-based startup designs and manufactures environmental test chambers which simulate real environmental conditions. The company provided these environmental test systems for Agni, India’s ballistic missiles program.
Samhams Technologies, ideaForge and Omnipresent Robotics are creating better quality drones that can be used in cloudy and foggy environs.
Entrepreneur says that biotech engineer Leo Mavely, founder of Axio realized the importance of the untapped healthcare market in the defense sector. His product Axiostat is a sterile, single-use haemostatic dressing intended to be used for temporary control of moderate to severe bleeding of wounds. Malvey added that the company has supplied these dressings to one hundred battalions in India, and have also shipped around 350,000 units worldwide.
Bangalore-based Tonbo Imaging makes digital imaging systems for equipment such as guns, unmanned aerial vehicles, and battle tanks. It earns nearly 80% of its revenues from the Indian defense services. This startup specializes in products such as advanced night-vision cameras, fire control systems, and advanced weaponry through “nature-inspired technology.”