Try GOLD - Free

‘DRDO revamp on cards for faster tech delivery’

Business Standard

|

September 22, 2025

spoke about India’s defence reforms, indigenous technology, startup support, and critical mineral strategy at the launch of the Blueprint magazine in New Delhi. Edited excerpts from his interaction with A K Bhattacharya of Business Standard:

- Defence Secretary Rajesh Kumar Singh

‘DRDO revamp on cards for faster tech delivery’

How far has India progressed in achieving self-reliance in defence production?

India’s defence sector has made significant strides in indigenisation, but the journey is ongoing. Across key domains such as artillery, armoured systems, long-range missiles, and multi-barrel rocket launchers, domestic production has reached advanced levels. True indigenisation would essentially mean that the entire design and intellectual property rights rest within the country. However, in certain high-technology areas, the country still relies on technology transfers. The government's approach is to encourage domestic manufacturing while leveraging foreign technology where necessary.

How is the government balancing domestic production and strategic imports?

The policy framework encourages collaboration between Indian companies and foreign technology partners. While domestic manufacturing is emphasised, strategic imports are allowed in areas where India lacks the necessary technical capabilities. This ensures that critical capability gaps are addressed without compromising self-reliance objectives. The government is also considering royalty charges for Defence Research & Development Organisation (DRDO) technologies licensed to domestic manufacturers.

How are public defence companies performing after corporatisation?

MORE STORIES FROM Business Standard

Business Standard

File revised-return before assessment or notice, updated return thereafter

The finance ministry has flagged more than 44,000 taxpayers for failing to report virtual digital asset (VDA) transactions in their income-tax returns (ITR).

time to read

3 mins

December 13, 2025

Business Standard

Business Standard

Musk’s Mars mission adds risk to red-hot SpaceX IPO

Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.

time to read

1 min

December 13, 2025

Business Standard

India, Oman to ink FTA during PM visit

Next week’s three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal.

time to read

2 mins

December 13, 2025

Business Standard

Gujarat leads in FY25 loan growth, Karnataka in deposits

Gujarat topped the chart for loan growth in the financial year 2025 (FY25) with 14.14 per cent followed by Tamil Nadu at 11.4 per cent, while Maharashtra retained the top slot among states in terms of outstanding credit extended by scheduled commercial banks, followed by Delhi and Tamil Nadu.

time to read

1 min

December 13, 2025

Business Standard

DFS tightens grievance redress oversight

The Department of Financial Services (DFS) under the Ministry of Finance has intensified its monitoring of grievance redressal across the banking, financial servicesandinsurance(BFSI) sector, introducing a series of measures aimed atimproving accountability and customer satisfaction.

time to read

2 mins

December 13, 2025

Business Standard

Auto financier stocks rise; valuations may cap upside

Investors should take selective exposure to the sector at current levels, say analysts

time to read

2 mins

December 13, 2025

Business Standard

Favourable post-expansion outlook for Tata Steel

While steel prices continue to be under pressure, Tata Steel is looking at various moves to ensure domestic capacity expansion to 40 million tonnes per annum (mtpa) by 2030 from the current 26.6 mtpa.

time to read

3 mins

December 13, 2025

Business Standard

EU set to indefinitely freeze Russian assets

The European Union (EU) looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow’s invasion.

time to read

1 min

December 13, 2025

Business Standard

Brookfield to build Asia's biggest GCC facility in Powai

Brookfield Asset Management will invest $1 billion to develop Asia’s largest global capability centre (GCC) in Mumbai’s Powai, the New York-based global alternative asset manager said in a statement on Friday.

time to read

2 mins

December 13, 2025

Business Standard

Dec releases set stage for superhit 2025

Record ₹13,500 crore box office collection estimated this year

time to read

3 mins

December 13, 2025

Listen

Translate

Share

-
+

Change font size