Antony calls for more thrust on research and development
New Delhi, Nov 6: Defence Minister A.K. Antony on Friday underlined the need for greater investment and innovation in the field of research and development (R and D) in Defence.
Addressing a function at the Raksha Mantri's Awards for Excellence in the national capital, Antony said the Defence Public Sector Units (DPSUs) and Ordnance Factories should invest substantially in R and D to build capability in design and development to create synergy between DRDO Labs and production agencies.
Referring to the emerging demand of new and high technology products and services, the minister called for continuous updating of technologies through in-house development and other methods of acquisition.
"Each of the Defence PSUs and Ordnance Factories (OFs) are in possession of several technologies and exchange of information and pooling of these technological resources will ensure better utilization of assets and product improvement," Antony said.
He added that it would also avoid duplication of efforts and help achieve better value for money.
Antony further said the economic reforms being implemented since the 1990's have dramatically changed the conditions under which the Public Sector Enterprises have to function, while many sectors, including the Defence Industry, which were earlier reserved for development only in the public sector, were also opened to the private sector.
He was of the opinion that Public Sector Enterprises will have to continue their adjustment process and improve their competitive edge to survive.
Referring to the dependence of the Armed Forces on arms import, Antony said: "It is the area where we need to concentrate and reduce our dependence on imports by taking effective steps to achieve self-reliance in defence preparedness to the maximum extent possible."
"The goal of self-reliance can be best achieved by optimal utilization of national resources, and the Defence PSUs, Ordnance Factories, DRDO and Armed Forces must follow an integrated approach towards indigenization efforts," he added.
Antony also informed that an investment of over Rs.2,100 crores is being made for the modernization programme of Defence Shipyards.
--ANI
Terrorists getting funds, equipment from Pak: Jammu Kashmir DGP
CEC 'ex-parte' recommendations contrary to SC, AP HC orders: OMC
India, US to sign Counter-Terrorism Initiative
The Netherlands Co to build 50,000 houses for flood-hit
World a better place without policing by the US and China: RSS
Southern Railway announces extension of special trains
Don't collect differential amount from poor students: CM
Insurance sector witnessing decline due to economic slowdown
Railway to seek grant from Centre for socially important projects
INS and Editors' Guild condemn attack on IBN-Lokmat's offices
Zak Trade Fairs and Exhibitions from Dec 3
Brethren Convention from Nov 30
YSR kin to get ticket for Assembly bypoll in Andhra Pradesh: Congress
National Mortality rate comes down to 72 per 1000 lives in India
Ensure balanced coverage of 26/11 anniv, Govt tells TV channels
Revoke life ban against Azharuddin, Congress MPs urge BCCI
Putin calls for modernisation of Russia's economy
US to give crucial information on Headley-Rana accomplice's 26/11 role to India
Kamat to inugurate annual 'India-The Big Picture' on Nov 24
Special package for disabled tourists in Himachal Pradesh hotels
Sushma Seth, Shehnaz Hussain honoured with Priyadarshini Awards
YSR's good work will ensure Cong facile win in civic polls: Andhra Pradesh CM
Swamy warns of stir against renaming Madurai airport
Cong, TDP candidates intend to make money post GHMC polls: JP
Precious metals zoom up during the week
State Govts equally responsible for price rise: Minister
China proves its supremecy in Asian TT C'ship
Two held for twin-murder in Kerala
China's intevention in Jammu Kashmir will be opposed : Rajnath
Centre to set up Biodiversity Research Centre: Ramesh
'Safety of journalists is our priority', says Ramesh Bagve
Karnataka CM meets Governor
India-China cooperation must for Asian stability: VP
NDA feels ashamed of showing real India : Rahul
Terrorism-States, Not Non-State Actors, Responsible: Prez
MDMK to work for AIADMK win in bypolls:Vaiko
India, Sri Lanka teams reach Kanpur for second Test
Pak government releases list of NRO beneficiaries
Mullaiperiyar Dam safe, seepage below permissible limits: Tamil Nadu tells Centre
Special counters to purchase discoloured paddy