'Homegrown Technologies need to be given top priority' - Dr G Satheesh Reddy, Scientific Advisor to Raksha Mantri

Image
Capital Market
Last Updated : Oct 10 2017 | 1:01 PM IST
Import of Defence technology may kill innovation in Indian companies and it should be allowed only when there is no homegrown technology available, according to Dr G Satheesh Reddy, Scientific Advisor to Raksha Mantri.

Innovation should come as building competitiveness and not to become a hindrance, he said.

While acknowledging CII's efforts in deliberating the role of Defence R&D in Make in India, Dr Reddy further suggested that Make in India should not stop at Build to Print, and instead, should involve indigenous design, development and manufacturing. AAKASH missile and MRSAM programme came as his references where Indian industry has substantially contributed through build to specifications systems.

Dr S Guruprasad, Scientist & Director General (PC&SI), DRDO also addressed during the occasion and urged the Indian Industry to make the best possible use of Technology Development Fund (TDF), an initiative of MoD, executed through DRDO, to develop indigenous capability. For making India self-reliant in Defence, Dr Guruprasad stressed on the need for industry to continue with R&D activities and also to collaborate with DRDO for technologies. He further urged Indian industry to exercise caution while partnering with foreign firms, especially in cases where there is a clause on R&D.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 10 2017 | 12:39 PM IST

Next Story