Correct Answer : Option (C) - France
22nd April 2024- Rashtriya Raksha University (RRU) and Starburst, France, celebrated a significant milestone in the advancement of aerospace, defence, and homeland security innovation through a momentous Memorandum of Understanding (MoU) signing ceremony. Hosted at the RRU campus in Lavad, Gandhinagar, Gujarat, India, the event brought together esteemed dignitaries, industry leaders, and stakeholders to witness the formalization of a transformative collaboration.
The MoU signing ceremony marked the commencement of a dynamic partnership between RRU, Starburst, France, and Security and Scientific Technical Research Association (SASTRA), a Section 8, Not-for-profit Company under the Companies Act 2013, established by Rashtriya Raksha University (RRU). This strategic alliance is aimed at fostering innovation and driving advancements in the Aerospace, Defence and Homeland Security sectors.
SASTRA's integral role in this collaboration amplifies the focus on innovation, incubation, and technology acceleration in the realm of national security and policing, further enhancing the collaborative efforts towards achieving Atmanirbhar Bharat and ensuring the nation's security and sovereignty.
RRU and Starburst share a vision of helping to ignite the emergence of a vibrant Security & Defence ecosystem in India, facilitating enterprise creation and nurturing the rapid growth of innovative start-ups spinning out of the region. The partnership between Starburst and RRU is a reflection of the progress in the India-France Strategic Partnership in defence and space. This MoU also includes the creation of a Venture Capital fund of €100 million for Aerospace, Defence and Security technology and provide export promotion support for Indian start-ups to explore international markets.
Key dignitaries present at the event included Professor (Dr.) Bimal N. Patel, Vice-Chancellor, RRU and Mr. François Chopard, CEO of Starburst, France. They were joined by Professor (Dr.) Kalpesh Wandra, Pro Vice-Chancellor of RRU, Col Nidhish Bhatnagar, Managing Director of SASTRA, and Mr. Koumar Vijaya, Executive Vice President of Starburst, among others.