India's 16 Defence Public Sector Undertakings (DPSUs) are ready to substantially increase their research and development (R&D) spending, with a planned budget of ₹32,766 crore over the next five years.
The sanctioned fund is more than the ₹30,952 crore spent in the last ten years, highlighting the defence sector's commitment to innovation, self-reliance, and indigenization of technology.
The Ministry of Defence (MoD) has released performance data that shows the DPSUs have significantly improved in FY25. This is evident from their combined turnover, which is up by 15.4% to ₹1.08 trillion, their cumulative profit after tax, which has gone up by 19.5% to ₹20,021 crore, and their exports, which have increased by 51% compared to FY24.
These figures are the result of the sector's increased presence globally, as well as its higher operational efficiency.
The revival of the R&D program is in line with the suggestion given by Defence Minister Rajnath Singh to invest more in innovation and human resources for achieving strategic autonomy in defence production over the long run.
Also Read: PM Modi Flags Off Four New Vande Bharat Trains from Varanasi
The new projects will emphasize creating the next generation of technologies in aerospace, armaments, naval systems, and electronic warfare sectors. They will also support collaborations between private industries and start-ups under the ‘Make in India’ and ‘Aatmanirbhar Bharat’ schemes.
Through the doubling of its R&D efforts, the Indian defence manufacturing ecosystem will be able to enhance local capabilities, cut down on imports, and make India a global hub of advanced defence technologies by the next ten years.
We use cookies to ensure you get the best experience on our website. Read more...