Collaboration Between Industry And Defence Need Of The day

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Capital Market
Last Updated : Oct 11 2019 | 3:50 PM IST
Subhash Chandra, Secretary, Department of Defence Production (DDP), Ministry of Defence today said that the MSMEs and start-ups need to be integrated into the defence manufacturing ecosystem. They also need to be encouraged not just by the defence public sector companies but also the armed forces. Speaking at the seminar on 'ARMY MAKE PROJECTS - 2019' organized by FICCI, jointly with the Indian Army, Chandra noted that MSMEs across the globe have in many ways also been the drivers of change and innovative solutions. He emphasized that collaboration between industry and defence is the need of the day, and pointed out that the DDP would extend all possible support to sort out industry concerns. Industry concerns have also been taken into consideration and demystifying of work processes will come only through interactions. The three-armed forces also need to open their doors for discussions with the industry, he added.

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First Published: Oct 11 2019 | 3:42 PM IST

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