New Delhi, Feb 9 (KNN) The government, industry, Research and development (R&D) establishment and the academia have to come together to evolve technologies in defence equipment for Indian requirements, said Subhash Bhamre, Minister of State for Defence.

“To be able to make a dent in the export market we require quality equipment that is cost competitive,” Bhamre added.

He said this while speaking at a symposium on ‘Defence Industry Indigenization: Opportunities and Challenges’, organized by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) in Pune.

The symposium aimed at providing a platform for interaction between the defence segment and industry to boost cooperation between the two.

Bhamre mentioned, “Over the past few years I have traversed across the country in order to understand the difficulties that our defence industry, especially the MSMEs, face. The defence sector has a few requirements. Firstly, sophistication in design is an extremely important issue.”

“Technology upgradation is extremely rapid and cost of importing technology is very expensive,” said Bhamre.

“The latest technology, more often than not, is not easily available. Hence, the government, industry, R&D establishment and the academia have to come together to evolve Indian technologies for Indian requirements,” Bhamre added.

President, MCCIA, Pradeep Bhargava said, “India always had an agenda of no private sector manufacturing for defence even as we imported a lot of equipment from private companies in other countries. This has slowly changed and today there are initiatives like ‘Make in India’, ‘Start-up India’ which will help in defence industry indigenization”.

Baba Kalyani, Chairman, Kalyani Group, were among those present on the occasion. (KNN Bureau)