{"id":33279,"date":"2017-01-08T10:27:40","date_gmt":"2017-01-08T18:27:40","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/2017\/01\/how-a-bunch-of-tech-driven-ventures-are-updating-indias-outdated-defence-setup"},"modified":"2017-06-04T13:53:46","modified_gmt":"2017-06-04T20:53:46","slug":"how-a-bunch-of-tech-driven-ventures-are-updating-indias-outdated-defence-setup","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2017\/01\/how-a-bunch-of-tech-driven-ventures-are-updating-indias-outdated-defence-setup","title":{"rendered":"How a bunch of tech-driven ventures are updating India\u2019s outdated defence setup"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/how-a-bunch-of-tech-driven-ventures-are-updating-indias-outdated-defence-setup.jpg\"><\/a><\/p>\n<p>For example, the market for hemostats in defence and civil forces alone is 2 crore units. While some startups have got some funding to fuel their expansion plans, not all investors may be keen to back companies targeting the defence market.<\/p>\n<p>\u201cSince the cost of failure is really high in this industry, one needs to invest significant time and effort to ensure development of a world-class product,\u201d says Bhaniramka of the GIS solutions vendor VizExperts.<\/p>\n<p>\u201cThis results in higher gestation periods, which typical investors shy away from.\u201d Instead, he and other entrepreneurs argue, longer term investors may be more suited to this field. \u201cThis is where the government\u2019s role in supporting innovative technology companies can be a game changer.\u201d<\/p>\n<p><!-- Link: <a href=\"http:\/\/economictimes.indiatimes.com\/small-biz\/startups\/defence-industry-startups-battle-bureaucracy-to-survive\/articleshow\/56393423.cms\">http:\/\/economictimes.indiatimes.com\/small-biz\/startups\/defen...393423.cms<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For example, the market for hemostats in defence and civil forces alone is 2 crore units. While some startups have got some funding to fuel their expansion plans, not all investors may be keen to back companies targeting the defence market. \u201cSince the cost of failure is really high in this industry, one needs to [\u2026]<\/p>\n","protected":false},"author":395,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1490,9],"tags":[],"class_list":["post-33279","post","type-post","status-publish","format-standard","hentry","category-government","category-military"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/33279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/395"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=33279"}],"version-history":[{"count":3,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/33279\/revisions"}],"predecessor-version":[{"id":65420,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/33279\/revisions\/65420"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=33279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=33279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=33279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}