Enter Keyword and Search

Govt should encourage pvt players in defence R&D: Study

with 0 Comment

The government should encourage private players in defence R&D and also fund 80 per cent of the research and development activities to emerge as a significant player in the global defence market, a study said. Since defence research, design and development is fraught with risks, the private sector is unlikely to come forward, the joint study of Assocham and Ernst and Young said.

If India wishes to emerge as a significant player in the global market, it would have to fund export driven products and make export variants of high end systems, it said. "Therefore, there is a need for a policy as per which 80 per cent of Indias R&D is funded from government resources, effectively encouraging the private sector to undertake risks associated with developing defence products," it said.

While the Defence Research Development Organisation (DRDO) could focus on basic research related to strategic defence equipment, the private sector should be engaged in defence R&D especially in products design and development, it said. The study further said in order to increase defence exports, there is a need to make the Indian domestic defence industry competitive enough to sustain Indian defence industrys demands and also meet exports orders.

India spends about Rs 4,500 crore annually on defence R&D. A government study on DRDO conducted by P Rama Rao had in its report last year recommended that the defence research agency should focus on its core competence and give room to the private sector to take up defence research.

Recent Stories...


90Paisa - Dedicated to Central Government Employees and Pensioners. As and when orders amending the rules are published by the Government, the amendment orders will be published in our blog immediately. Readers are requested to refer to the source link is given at the end of the post.
All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. 90paisa accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.
Links to other websites that have been included on this blog are provided for public convenience only.
90paisa is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.
10 crore viewers…90 Paisa Blog touches new heights
Making a Mark Achieved 100 Million Page Views - "Central Government Employees News" Blog
We are proud of our latest accomplishment – 90Paisa Blog, the first ever blog for Central Government employees, has now crossed 10 crore hits!!!
From the bottom of our hearts, we express our sincere gratitude to all our patrons who have been supporting us all along.

Civilian Pay Matrix

Defence Pay Matrix

Popular Posts

Ever Green Posts

Ever Remembering Pots..!

Recent Posts