He said that DRDO is taking crucial steps for attaining self-sufficiency in the area of defence systems development.
Highlighting the Indian Government's various initiatives to encourage the innovation and development within the country, he stressed that excellence is to be brought in the field of defence innovation and their adoption to the defence systems.
"DPSUs, Industry, research institutes and services need to work hand in hand. In this connection he also mentioned the target set by the government to incorporate at least 25 AI based products into defence in near future," he said.
Singh appreciated that DRDO has nurtured more than 1,800 industries which are actively working together to produce defence systems. He asked the DRDO and industry to explore new ways for enhancing synergy to achieve the goal of self-sufficiency.
Chairman DRDO and Secretary DDR & D, Dr G Satheesh Reddy, in his address mentioned about the latest policies of DRDO like like Zero Transfer of Technology (ToT) and Zero Royalty for Development-cum-Production Partners (DcPP) and free usage of DRDO patents by domestic Industry. Expressing confidence in defence industry, he said, healthy scenario is to be fostered for closer interactions between Industry and DRDO to overcome the gaps.
The DRDO Chairman highlighted that of late industry base has greatly widened from mere manufacturing to development and designing of components and sub-systems.
He said that the Indian Industry has matured from 'Build from Print' to 'Build from Specifications'.
A panel discussion chaired by Chairman DRDO was also held. Many concerns were raised and suggestions were given by the industry participants. It was communicated that constructive suggestions will be duly taken into account in the upcoming policies for the improvement of the functioning of the system.
"Some industry representatives shared their experiences of working in the defence sector and spoke about the challenges faced by startups and MSMEs in manufacturing and exports. Senior officials of DRDO and around 300 Industry representatives were also present on the occasion," the release said.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.