The Indian military is one of the world’s most advanced and High-tech military, with a vast number of military personnel serving actively and in reserves. With the increase in threat from neighboring countries such as China and Pakistan, the Indian military has prepared itself accordingly. The government Companies such as Hindustan Aeronautics Limited and DRDO are the base developers of military equipment. Along with them, the ordnance factories work hand in hand to provide quality arms.
India is one of the biggest buyers of defense technology in the world. Buying defense technology is expensive where you not only pay economic cost but also social and political costs. Our defense industry is small and not very competitive for various reasons. Big industry players have started making force into defense but have a long way to go. With China’s dominance as a world superpower, India will strongly feel the need for a strong defense industry of its own. So from the top, we can say we have a huge scope for defense startups in India.
Top 5 Defense startups in India
1. Sagar Defence Engineering
As Per the Registration of the Company, It is involved under Business Activity Class / Subclass Code 29253, Main Activity of the said Company SAGAR DEFENCE ENGINEERING PRIVATE LIMITED is to Manufacture of machinery chiefly employed by grain milling industry and for the oil mills: machinery to clean, sort or grade seed, grain or dried leguminous vegetables; machinery used to produce flour, meal or other ground products; machinery for the extraction or preparation of animal or fixed vegetable fats and oils., It Comes Under Division MANUFACTURE OF MACHINERY AND EQUIPMENT N.E.C. and this come under section MANUFACTURING. They have maintained a well-developed infrastructural base that is installed with all the required facilities. Their infrastructure unit is compartmentalized into separate departments such as manufacturing, quality control, warehousing, packaging, etc. for achieving a fast production rate. Due to these distinguished units, we are able to manage our entire production process in a systematic and flexible way. In addition, all these units are well-equipped with all the requisite tools and machinery that enable us to finish bulk and urgent orders of clients within the time frame specified by them.
2. Big Bang Boom Solutions
Big Bang Boom Solutions is India’s hottest new Startup in the Defence Sector. Founded by a couple of serial entrepreneurs who are comfortable in Deep Tech, it aims to co-create intellectual property that can reside within the borders of the country. The Founders have great connections in the Research Space which helps them develop technology that bolsters the capability of the Indian Armed Forces. Big Bang Boom Solutions was started in 2018 by Shivaraman Ramaswamy and Praveen Dwarakanath, who are both serial entrepreneurs. The company managed to win two prestigious iDEX grants from the Defence Innovation Organization, and the Department of Defence Production is on track to deliver cutting-edge technology systems to the Indian armed forces. They have been granted incubation facilities with T-Hub in Hyderabad and Forge in Coimbatore.
3. Dimension NXG
AjnaLens develops AR/VR wearables primarily for defense, education, and enterprise customers. In addition to AjnaLens’ mixed reality hardware, they also deliver end-to-end XR solutions tailored to business demands. AjnaLens develops the next generation of computing platforms that augments human intelligence and empowers the world to achieve more. Dimension Nxg Private Limited is a Private incorporated on 12 November 2014. It is classified as a Non-govt company and is registered at the Registrar of Companies, Mumbai. Its authorized share capital is Rs. 1,600,000 and its paid-up capital is Rs. 164,774. It is involved in Business activities n.e.c.Dimension Nxg Private Limited’s Annual General Meeting (AGM) was last held on 29 September 2021 and as per records from the Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2021.
Also, Read Top 8 Creative Startup Ideas In 2022
4. Optimized Electrotech
Optimized Electrotech is working towards manufacturing India’s Indigenously Designed and Developed Electro-Optics Systems useful for Long-distance surveillance for Homeland Security, Defense, and Railways. Developed electro-optic surveillance systems designed to recognize people from a long distance and automatically match with any alert database. The company’s surveillance systems provide longer wavelengths that can penetrate heavy fog, smoke, and other atmospheric conditions and are used for perimeter surveillance, and airport security, enabling businesses as well as governments to monitor areas of homeland security, defense Intelligence, and more.
5. IdeaForge
ideaForge is the global leader in UAV technology, manufacturing best-in-class drones for defense, enterprise, disaster response, and agricultural applications. A pioneer in research, development, production, and operation of compact, cost-effective, and user-friendly Unmanned Aerial Vehicles (UAVs), they have become market leaders in their area of expertise. ideaForge develops and produces Unmanned Aerial Systems that offer unmatched usability due to its user-centric innovations and design. With a focus on sustainable use in operation, it ensures the highest quality and performance of its products. It is in constant pursuit of creating products that inspire a new vision.
