Anand Mahindra can't stop praising two IITian-led 10-gram cooler that broke Western monopoly: 'Deep tech doesn't need deep....'

Business tycoon Anand Mahindra recently praised a homegrown 10-gram cooling technology has challenged a long-standing Western stronghold in the field of advanced cooling solutions.

Agencies
Mahindra recently praised a homegrown cooling tech that have upturned Western monopoly
Completely homegrown. Yet it has overcome the Western dominance in the sphere of cooling technology. An Indian 10-gram cooling technology has broken through a monopoly the US, France & Israel guarded for decades. Taking to X, billionaire Anand Mahindra hailed the innovative project.

Taking to X, the business tycoon praised the accomplishment on X, emphasising the contribution of a small Mumbai-based team, early financial support from the Defence Research and Development Organization (DRDO), and five years of tenacious work to resolve a challenging technological problem.

Mahindra noted that access to significant financing is not the only factor driving deep-tech innovation. He claims that it also calls for investors who are willing to stick with a long-term commitment and patiently and purposefully support ambitious initiatives. "That’s the real lesson in deeptech: it doesn’t only need deep pockets; it needs capital with Purpose & Patience..." he wrote.


He also underlined that India's defence capabilities will require both targeted support for smaller, high-potential inventions and large-scale government investments. He pointed out that the Technology Development Fund (TDF) showed how focused assistance can foster local creativity.

Mahindra also said more such ventures have to be green-lighted and that family offices can play an important role in backing deep-tech ventures.


ADVERTISEMENT
According to a report by The Hindu, the project is spearheaded by two IIT Bombay graduates.

Dr Pravin Salinkar, a co-owner of Techno Defence Pvt Ltd and an alumnus of IIT Bombay, met a lab director from the Defence Research and Development Organization (DRDO) by coincidence sometime between 2017 and 2018. This encounter marked the beginning of this lean manufacturing success story. As a result, he took on a crucial task in defence production.

Five years later, the defence technology company he co-owns with Sudarshan Saraf, another alumnus of IIT Mumbai, successfully developed the strategic missile-cooling capability known as the "Joule-Thomson (JT) Cooler" with the help of a small team of engineers and technicians, the majority of whom are women. Only a few nations, including the US, France, and Israel, possess IT, which is governed by the Missile Technology Control Regime (MTCR).
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Magazines › Panache › Anand Mahindra can't stop praising two IITian-led 10-gram cooler that broke Western monopoly: 'Deep tech doesn't need deep....'
Text Size:AAA
Success
This article has been saved

*

+