India approves transfer of conventional missile technologies to private sector
The DRDO works closely with the Indian industry to facilitate the transfer and absorption of advanced defence technologies and to further strengthen the country's indigenous defence capabilities,
India's Defence Minister Rajnath Singh has approved the transfer of technologies developed by state-run institutions for all conventional missile systems to private domestic industries for production in the country.
"This transfer of technology marks an important milestone in promoting greater participation of the domestic industries in the defence ecosystem by enabling them to undertake indigenous production," India's Defence Ministry said today (25 August).
The provision will enable the transition of missile system development from the Defence Research and Development Organisation (DRDO) to industrial production, reflecting the government's efforts to leverage the capabilities of Indian industry in developing and manufacturing advanced defence systems.
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"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," the ministry said in a statement.
The initiative aims to enhance operational capabilities, reduce dependence on imports and increase domestic value addition while supporting the growth of India's defence manufacturing sector.
"The DRDO works closely with the Indian industry to facilitate the transfer and absorption of advanced defence technologies and to further strengthen the country's indigenous defence capabilities," it added.
