The Indian Defence Research and Development Organisation (DRDO) and the Directorate of Defence Research and Development (DDR&D), Defence Ministry, Israel entered into a Bilateral Innovation Agreement (BIA) on November 9, 2021. As per the press release by the Ministry of Defence, the agreement was signed between the Chairman of DRDO Dr G Satheesh Reddy and Head of DDR&D, Israel BG(Retd) Dr Daniel Gold in New Delhi. DRDO & Directorate of Defence R&D, Israel have entered into a #BilateralInnovationAgreement for development of dual use technologies. https://t.co/6N6Xv2Hf1i pic.twitter.com/kEVTESrp5d — DRDO (@DRDO_India) November 9, 2021ObjectiveThe Bilateral Innovation Agreement (BIA) between India and Israel aims at promoting innovation and accelerated Research and Development in startups and Micro, Small and Medium Enterprises MSMEs of both nations for the development of dual-use technologies. Bilateral Innovation Agreement between India and Israel: Key Highlights:• The development efforts of the dual-use technology will be jointly funded by the DRDO (Defence Research and Development Organisation) and DDR&D, Israel.

Source: Dainik Jagran November 10, 2021 19:03 UTC