DRDO tech drive: Over 2,000 technology transfer deals inked in 2024, 200 licences issued

The Defence Research and Development Organisation (DRDO) has signed over 2,000 technology transfer agreements and issued greater than 200 manufacturing licences thus far in 2024, considerably advancing India’s push for self-reliance in defence manufacturing, a senior official mentioned on Wednesday.“Over 2,000 agreements were signed for technology transfer licences,” mentioned Dr Chandrika Kaushik, Director General (PC&SI), DRDO, talking on the CII Manufacturing Conclave East held in Kolkata, PTI reported.She mentioned greater than 130 personal industries have been onboarded as improvement companions or manufacturing companies in the previous 5 years.Dr Kaushik additionally highlighted that below DRDO’s Technology Development Fund (TDF) scheme, personal gamers are receiving monetary assist of as much as Rs 50 crore per system together with technical steerage to develop core navy applied sciences. “Scientists from DRDO labs are mentoring these industries to ensure the success of such projects,” she added.The conclave additionally featured insights from key business leaders. Sudhanshu Mani, generally known as the architect of the Vande Bharat prepare, emphasised the necessity to synchronise manufacturing with logistics, whereas Tata Steel’s Ashish Anupam identified that jap India’s industrial progress was presently outpacing the nationwide common.The Confederation of Indian Industry (CII) additionally offered its Market Facilitation Services (MFS) initiative on the occasion, geared toward serving to Indian industries faucet into world markets.