Arun Jaitley has increased the allocation for incentive schemes like M-SIPS and EDFs to Rs 745 crores in 2017-18. This will boost India’s hardware companies.
Bengaluru startup Invento Tech has developed humanoid robot Mitra to provide intelligent assistance to humans by interacting with them in various contexts.
The Indian Army was convinced to buy thermal imaging devices from Bengaluru-based startup Tonbo Imaging only after it saw the US Special Forces use them.
The Indian startup ecosystem has never been conducive to hardware startups. Getting investors and good talent onboard, hardware sourcing and prototyping are some of the problems plaguing such startups here. Finding early adopters for products has also been a problem
The wearable device, named TJAY, is a smart glove that enables remote tracking, monitoring and diagnosis of epileptic seizures, helping treatment of the disease.