Stressing on the significance of startups and MSMEs to help India achieve its goal of indigenization and self-reliance in the defence sector, Defence minister Rajnath Singh on Monday announced the third phase of Defence India Startup Challenge (DISC) under its Innovations for Defence Excellence (iDEX) — an initiative to boost innovation in the defence sector. As part of the programme selected startups will work on solving three challenges from the Army, Navy, and Air Force. DISC was launched in August 2018 with its first phase while the second phase was launched in January this year with 28 applicants from each batch were considered for grants for prototype development and possible commercialisation. Read More…