Govt approves transfer of DRDO developed missile tech to defence industry ...Middle East

Business Standard - Economy
Govt approves transfer of DRDO developed missile tech to defence industry
source : Business Standard ( Middle East ) () 42
Defence Minister Rajnath Singh has approved the transfer of DRDO-developed technologies of all conventional missile systems to the Indian defence industry for production within the country. The defence ministry, making the announcement, said the move is an "important milestone" in promoting greater participation of the domestic industries in the defence ecosystem. "The provision will enable successful transition of missile system development to industrial production, reflecting the continued efforts of DRDO (Defence Research and Development Organisation) to leverage the capabilities of the Indian industry for the development and manufacture of advanced defence systems," the ministry said. It said the objective is to enhance domestic manufacturing capabilities, strengthen the defence industrial base and create opportunities for the participation of Indian MSMEs and other technology partners in the supply chain.

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