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JammuRajnath bats for more invest in R&D

Rajnath bats for more invest in R&D

Date:

Jammu Tawi, Sep 12: Urging the industry partners to focus on creating a culture that encourages and Development, based on skilled human resources, Defence Minister Rajnath Singh on Tuesday has called upon the domestic defence manufacturers to invest more in this field for to keep up pace with the continuously-evolving .

Addressing the North Tech Symposium, jointly organised by the Northern Command of the Indian Army, Society of Indian Defence Manufacturers (SIDM) and IIT, Jammu here, Singh was of the view that although R&D is a risky venture as it requires out-of-the-box thinking and sometimes does not give desired results, it still remains one of the basic elements for the development of any country.

Hence, capital investment in R&D becomes a necessity, he emphasised.

He suggested linking the work of institutes such as IITs, IIMs and IISCs with the defence sector in order to create an R&D ecosystem in the field. He added that efforts should be made to connect with the Indian R&D sector, the engineers and scientists who work in top universities, companies, space agencies & scientific research organisations abroad and wish to be a part of India's growth story.

The Defence Minister underlined, “We cannot run our workforce in the 21st century on the basis of the HR policy of the 19th century. Today, the quality of work is more important than the number of hours worked. Focus should be on intellect and innovation. A work culture needs to be developed where there is a concept of senior and junior; not superior and inferior. There is a need to involve women in R&D with more effectiveness,” he said.

He also exhorted SIDM to create an independent body, comprising scientists and experts from the industry, which will work with transparency and evaluate the products made by the companies.

The Minister also suggested SIDM create an internal vigilance mechanism to counter the potential cases of corruption and favouritism.

He added that the synergy between the government and the domestic companies has resulted in record defence production of Rs one lakh crore and exports of Rs 16,000 crore in Financial Year 2023-24.

He expressed confidence that the defence exports will soon touch the Rs 20,000 crore mark and extended Ministry of Defence's continued support to the industry to ensure their as well as holistic development of the nation, in line with the ‘Aatmanirbhar Bharat' initiative.

The event witnessed an enthusiastic participation of around 200 Industry partners and provided an opportunity for knowledge diffusion among various stakeholders to create awareness of contemporary technologies and hardware solutions available with the manufacturers under ‘Aatmanirbhar Bharat'.

On the occasion, Singh also gave away SIDM Champion awards 2023 to a number of industry partners, including Bharat Forge Limited, TATA Advanced Systems Limited, Larsen and Toubro Limited and Idea Forge Limited.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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