✅ Yes, the content seems to be true and authentic, as reported by several sources.

These include:

1. https://idrw.org/mod-allocates-over-%E2%82%B9723-crore-for-development-and-flight-testing-of-kaveri-derivative-dry-engine-for-iucav-program/ - (Trust Score 6/10)

- This source reports that the Ministry of Defence has allocated over ₹723 crore for the development and flight testing of the Kaveri derivative dry engine specifically for India’s Indigenous Unmanned Combat Aerial Vehicle (IUCAV) program. It highlights the significance of the engine in reducing foreign dependency and improving indigenous UCAV capabilities.

2. https://universalinstitutions.com/indias-kaveri-jet-engine-nears-completion-for-indigenous-ucavs-and-fighter-drones/ - (Trust Score 5/10)

- This article discusses the nearing completion of the Kaveri jet engine for indigenous UCAVs and fighter drones, developed by DRDO’s GTRE. It outlines how the Kaveri engine has evolved from the initial Tejas program to become a key enabler for India's unmanned aerial combat platforms.

3. https://economictimes.com/news/new-updates/fundkaveriengine-trend-gains-traction-as-india-sends-its-indigenous-fighter-jet-engine-for-testing-in-russia/articleshow/121454704.cms - (Trust Score 9/10)

- Economic Times provides a background on the Kaveri engine’s history, challenges faced, and ongoing efforts including sending the engine for testing in Russia. It notes the engine’s future role in India’s indigenous UCAV program and underlines its strategic importance despite earlier setbacks.

These sources corroborate that the Ministry of Defence approving ₹723 crore for developing a Kaveri derivative engine intended for indigenous unmanned combat aircraft is credible and fits within ongoing defense developments in India.