Karnataka - Bangalore   

Defence Minister for more investment in R&D

Special Correspondent

New industries do not spend much on research, says Defence Minister `New industries do not spend much on research'

Bangalore: Reiterating the need for the Government and private sectors to invest more money in research and development, Defence Minister A.K. Antony said on Monday that this was the only way India could become globally competitive. Lamenting that a majority of Indian industries did not spend enough on research, the Defence Minister said that the new industries should spend more on research if India were to grow further and take its due place in the international arena.

Delivering the presidential address at the three-day Defence Research and Development Organisation (DRDO)-organised international seminar on "Aerospace Technologies: Challenges and Opportunities", Mr. Antony admitted that India's defence research needs needed more funds in the years to come.

Citing the recent Indo-U.S. nuclear deal and the agreement with Russia on accessing navigational signals of the Russian Global Navigation Satellite System as examples, the Minister said that this signalled India's commitment to actively engage world leaders in the field of aerospace power and space. "We are willing to collaborate with international players to operationalise aerospace weapons and platforms. Shared efforts in technology lead to the development of cost-effective solutions. However, such partnerships should share the gains, risks as well as the work structure," he said.

Highlighting India's recent achievements in the development of indigenous defence and aerospace platforms such as the Light Combat Aircraft, Advanced Light Helicopter, Unmanned Aerial Vehicles, and steps towards a manned mission to the moon, he said that investment in scientific research and development activities in the aerospace sector would lead to an improvement in infrastructure.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Antony for more investment in research and development
City peaceful despite rumours doing rounds
Parables through rhymes and songs
Opposition wants review petition filed
Opposition seeks CBI probe into Vijay Kumar's murder in Bidar
72-km rapid transit system to be in place soon
Coordinating flying activities
Almost a replica of interim award, says Nanje Gowda
Brass lamps for style
They have come prepared to clinch the deal
A style statement with lamps
Impasse continues in Council
Confirmation of death sentence sought
Three sentenced to life
Defence Minister for more investment in R&D
ISRO working on reuse of launch vehicles
Cyriac Joseph's remark: advice to advocates
Three men take away Rs. 90,000
Delimitation panel's decision opposed
Do up your living room with Shekawati furniture
Literacy campaign
Do up your living room with Shekawati furniture
Aero India: City Swaps to run bus services
Garud to be deployed
Praise for Volvo bus service
`It is against the interests of the State'
Around the City
In Bangalore Today

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu