Rajnath Singh: Cos investing in emerging tech today will be leaders of tomorrow

Defence minister Rajnath Singh encouraged companies to invest in new technologies. He highlighted that technological leadership secures strategic advantage in future warfare. Initiatives were announced to lower barriers for deep-tech startups and ...

ET Bureau

Defence Minister Rajnath Singh urges companies to invest in emerging technologies, emphasizing that indigenous innovation is essential for shaping the nation's future.

New Delhi: Defence minister Rajnath Singh has urged companies to invest in new and emerging technologies, saying that a nation that possesses its own technology holds the power to shape its own future.

Speaking at a DRDO-Industry meeting on Tuesday, the minister also announced initiatives to lower technical and financial barriers for deep-tech startups and smaller companies, incubation support and access to testing and certification facilities. "Companies that invest in new and emerging technologies today will become the leaders of tomorrow, as in future warfare, the country that leads in technology will secure the strategic advantage," he said.

A standardised framework for sharing DRDO-developed software source codes with industry was also launched to accelerate software-defined defence capabilities and obsolescence management. Besides, nine Licensing Agreements for Transfer of Technology were handed over to 13 manufacturing partners.


Also read: Bharat Forge, Pratt & Whitney join forces for DRDO’s defense drone 'UAV' program

Singh said collaboration between industry and DRDO should no longer be limited to production alone, but should be expanded across the entire value chain, encompassing research, design, testing, certification and manufacturing.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Defence › Rajnath Singh: Cos investing in emerging tech today will be leaders of tomorrow
Text Size:AAA
Success
This article has been saved

*

+