HomeIndian Defence IndustryIndian Defence IndustryBy Achieving Export Of Defence Equipment Worth ₹16,000 Crore, India Has Become...

By Achieving Export Of Defence Equipment Worth ₹16,000 Crore, India Has Become Self-Reliant : G. Satheesh Reddy Former DRDO Chairman


NEW DELHI: By achieving exports of defence equipment and technology worth ₹16,000 crore this year, India has become self-reliant in many defence technologies and exuded confident that existing technological gaps in certain critical and advanced technologies will be overcome in the coming years, said Dr. G. Satheesh Reddy, former Secretary at Department of Defence R&D and Chairman of the Defence Research and Development Organisation of India (DRDO), and scientific adviser to Defence Minister.

He was addressing the gathering at the 10th graduation day of Poojya Doddappa Appa College of Engineering in Kalaburagi on Saturday. Dr. Reddy said that India has achieved export of defence items worth ₹16,000 crore in 2022-23 and this figure is likely to rise to ₹25,000 crore in 2024-25.

Dr. Reddy opined that the development of advanced technologies and systems is the only way to become a world–leading exporter of defence equipment. The future defence manufacturing ecosystem envisaged by the Indian government will encompass defence technologies that will be conceived, designed, developed, tested, and manufactured completely in India.

Claiming that India has the world’s longest Advanced Towed Artillery Gun System, which would be inducted into the armed forces, Dr. Reddy said that very soon India will join the list of key countries in the world in defence products manufacturing and exports.

Over the past few years, India has achieved self-sufficiency in the manufacture of aircraft, army vehicles, missiles, and radars. Gradually, India is moving from importing to exporting defence products.

The country has made great strides, and the academic strengths and technological capabilities have also developed immensely over the last couple of decades. Today, 80% of IITs are not going abroad to work and instead staying back in India, which is very encouraging and crucial for economic development, he said.

Dr. Reddy said that academic institutes must become the hubs for fostering innovation and entrepreneurship. Dedicated laboratory spaces must be created in collaboration with research institutes to enable students to get valuable experience.



Source link
#Achieving #Export #Defence #Equipment #Worth #Crore #India #SelfReliant #Satheesh #Reddy #DRDO #Chairman

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Aatmanirbhar Bharat

All

AMCA 5th Generation Stealth Fighter Updates

AMCA to be integrated with sophisticated indigenous Distributed Aperture System (DAS) that making it a formidable air asset for the Indian Air Force

Source : IgMp Bureau India’s Advanced Medium Combat Aircraft (AMCA) is on the brink of a revolutionary transformation with the integration of a sophisticated Distributed...

AMCA to incorporate the best features of both 5th and 6th Generation fighters: ADA sources

Source : IgMp Bureau India's strides toward indigenous air dominance receive a substantial boost with the green signal for the Advanced Medium Combat Aircraft (AMCA)...

Most Popular

Recent Comments

Archive Months

Miscellanous

China responds to US B-21 Stealth Bomber’s threat; says ‘Raid The Raider’ & Give them No Chance to Fly

Source : The EurAsian TimesThe B-21 stealth bomber sits inside a hangar at Northrop Grumman’s facilities at Plant 42 in Palmdale before its Dec....

EAM Jaishankar meets Russian President Vladimir Putin in Moscow

Source : Asian News International (ANI) Moscow : External Affairs Minister S Jaishankar on Wednesday held a meeting with Russian President Vladimir Putin in Moscow....

Blinken tells Netanyahu US still opposes Rafah operation: US official

Secretary of State Antony Blinken reiterated US opposition to an Israeli assault on the crowded Gaza city of Rafah in talks Wednesday with Prime...
Visits
error: Content is protected !!