The Telangana government is mulling to set up an exclusive incubator for startups working in defence sector, said state IT and Industries Minister K T Rama Rao said here .
“Possibly we are going to launch the worlds’ largest incubator by next year. This would be a 3.5 lakh sq ft area facility accommodating 1,000 startups all at one roof,” he added.
“We have series of discussions with the Scientific Advisor to Raksha Mantri and with the support of Centre we will be launching a Defence Electronics and Defence focused incubator in Hyderabad,” Rama Rao said in his inaugural address of “Deftronics-2017”, a two-day conclave of defence and aerospace electronics industry.
He also said under the state’s “Innovation Policy”, the government is planning to develop a million square feet work space to accommodate startups across different sectors.
