DRDO should share research with private units: Amit Mitra


Kolkata, Nov 28 (IANS): Calling for more participation from domestic companies in the defence sector, West Bengal Industries Minister Amit Mitra Friday urged the DRDO to share its research findings and technology with Raksha Udyog Ratnas (RUR) to promote growth of the private units.

Pointing out that India is barred from accessing 10 of the 14 technology groups listed for technology transfer, Mitra said the country is equated with Kenya and the situation can only be addressed by empowering indigenous firms.

"Focus has to be on the Make category and we need to see how DRDO research can synergise with the private sector," he said on the sidelines of a seminar organised by Confederation of Indian Industries here.

Mitra said 324 technologies from 48 Defence Research and Development Organisation (DRDO) laboratories have been commercialised and are being used for national welfare and projects presently.

"We need to strengthen DPSUs, RURs and the MSME segment first and then reduce imports," he stated.

Among the research findings from DRDO, food technology, mosquito repellant and explosion reduction kit among several others have been commercialized.

Mitra stressed that foreign OEMs (original equipment manufacturers) participating in defence projects enjoy the benefit of exemption from customs duty and corporate business tax returns whereas the domestic players are liable to taxes ranging from excise duty and sales tax to octroi and service tax which is deterring MSME participation in the defence sector.

Under the present norms of 49 percent FDI in defence, Indian domestic companies are estimated to have an offset opportunity of Rs. 90,000 crore while offset opportunities worth Rs. 22,000 crore have already been rolled out.

 

  

Top Stories


Leave a Comment

Title: DRDO should share research with private units: Amit Mitra



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.