Latest news with #Kamat
India Today
3 days ago
- Business
- India Today
Our systems battle-tested: Defence organisation says Op Sindoor to boost exports
India is poised for a major leap in defence exports as interest surges from global buyers, particularly after the success of Operation Sindoor, said DRDO Chairman Dr Samir V Kamat at the CII Annual Business Summit. He noted that India's battle-tested military systems have enhanced international confidence in its defence technology.'After Operation Sindoor, I am hopeful that exports will increase because the equipment has become battle-tested, and other countries will show interest in buying it,' Dr Kamat said. Highlighting the changing global perception, he added, 'We are already exporting to 100 countries.'advertisementThe government, he said, is actively working to ease the export process. 'The government is making every effort to increase exports, and licensing for export is being liberalised,' he explained. India's defence attaches are also promoting indigenous equipment in foreign markets. 'One of the biggest advantages India holds today is that its weapons systems are battle-tested — a key factor that builds buyer confidence in international markets,' Dr Kamat about the need to strengthen research and development, Dr Kamat said, 'We need to invest more in research and development. Today, we spend 5 per cent of our Defence budget on R&D. The Raksha Mantri has promised us that in the next five years, this will increase gradually to 10% of the Defence budget.'Dr Kamat also shared updates on the indigenous missile system under development. On BEL Kusha project, Samir V Kamat said, "Its first missile development trial will happen this year. We hope that its full development will be completed in 2028 and then its induction will start."advertisementThe indigenous Kusha missile system, developed for strategic defence applications, will undergo its first test in successful trials and evaluations, the production of the missile system will commence in 2029, reinforcing India's advanced missile FIGHTER PROGRAMWith private sector participation approved for India's next-generation Advanced Medium Combat Aircraft (AMCA), the project is moving ahead with renewed vigour. The first flight is scheduled for 2029, and full-scale production is targeted for support development, five prototypes of the AMCA will be built. Dr Kamat called the project a significant step toward self-reliance in combat aviation and a major milestone in India's indigenous fifth-generation fighter aircraft InMust Watch
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Business Standard
3 days ago
- Business
- Business Standard
Equipment 'war-tested' in Op Sindoor, expect exports to rise: DRDO chief
DRDO Chairman Samir V Kamat on Thursday expressed optimism that defence exports will increase following Operation Sindoor, as indigenous military equipment has now been 'war-tested'. The indigenously developed Akash missile system and Akashteer air defence system were among the key military assets deployed by India during the recent four-day military standoff with Pakistan. Kamat also acknowledged the contributions of Indian industry and academia, and said, 'We have to achieve complete 'atmanirbharta' in future.' 'After Operation Sindoor, I am very hopeful that defence exports will increase because these equipment have got war-tested. So, countries will show interest in acquiring them,' Kamat said. Speaking to reporters on the sidelines of the Confederation of Indian Industry (CII) Summit, he also highlighted the recent approval by Defence Minister Rajnath Singh of the 'execution model' for the design and production of India's ambitious fifth-generation stealth fighter jet, the Advanced Medium Combat Aircraft (AMCA). The DRDO chairman said that in the approved execution model for AMCA, 'HAL can bid, private sector can bid, they can also bid as a joint venture.' 'So, this will open up participation of the private sector for fighter aircraft development,' he added. Procurement delays Earlier in the day, Air Chief Marshal Amar Preet Singh voiced concerns regarding persistent delays in India's defence procurement efforts, emphasising a widespread inability to adhere to project deadlines. Speaking at the same summit, Air Chief Marshal Singh criticised the tendency to enter into contracts that have unrealistic timelines. 'Many times, we know while signing contracts that those systems will never come. Timelines are a big issue. Once a timeline is given, not a single project I can think of has been completed on time. Why should we promise something which cannot be achieved?' he remarked.
India Gazette
3 days ago
- Business
- India Gazette
"Raksha Mantri has promised increase to 10% of Defence budget for R&D": DRDO Chairman
New Delhi [India], May 29 (ANI): Chairman of the Defence Research and Development Organisation (DRDO), Dr Samir V Kamat, on Thursday, underlined the need for increased investment in research and development in the defence sector, while speaking at the CII Annual Business Summit in the national capital. 'We need to invest more in research and development. Today, we spend 5 per cent of our Defence budget on R&D. The Raksha Mantri has promised us that in the next five years, this will increase gradually to 10% of the Defence budget,' said Dr Kamat, addressing a gathering of industry leaders and defence stakeholders,' Kamat told during the CII Annual Business Summit. Earlier, Defence Minister Rajnath Singh also addressed the Inaugural Plenary of Confederation of Indian Industry (CII) Annual Business Summit in New Delhi today. According to the official statement by the MoD, the Defence Minister highlighted the critical role played by the defence sector in India's growth journey by enumerating the feats achieved due to the initiatives the Government took in the last decade. While addressing the summit Defence Minister said, '10-11 years ago, our defence production was approximately. Rs 43,000 crore. Today, it has crossed the record figure of Rs 1,46,000 crore, with a contribution of over Rs 32,000 crore by the private sector. Our defence exports, which were around Rs 600-700 crore 10 years ago, have surpassed a record figure of Rs 24,000 crore today. Our weapons, systems, sub-systems, components, and services are reaching around 100 countries. Over 16,000 MSMEs associated with the defence sector have become the backbone of the supply chain. These companies are not only strengthening our self-reliance journey, but are also employing lakhs of people.' Singh added that today, India is not only producing fighter aircraft and missile systems, but it is also getting ready for New Age Warfare Technology. 'We are continuously making headway even in frontier technologies. Our progress in the field of Artificial Intelligence, Cyber Defence, Unmanned Systems, and Space-Based Security is being recognised on the global stage. India has the potential to become a development hub for engineering, high precision manufacturing and future technologies,' he said. Chief of the Naval Staff Admiral Dinesh K Tripathi, Chief of the Air Staff Air Chief Marshal AP Singh, Defence Secretary Rajesh Kumar Singh, Secretary, Department of Defence R&D and Chairman DRDO Dr Samir V Kamat, Vice Chief of the Army Staff Lt Gen NS Raja Subramani, CII President Sanjiv Puri and industry leaders were among those who attended the event. (ANI)
India Gazette
3 days ago
- Business
- India Gazette
Defence exports to go up after Op Sindoor, says Secretary Defence R&D
New Delhi [India], May 29 (ANI): Export of indigenous defence equipment will witness an uptick following Operation Sindoor as it is 'war-tested' now, Chairperson of Defence Research and Development Organisation (DRDO) Samir V Kamat said on Thursday. Speaking to reporters on the sidelines of the Confederation of Indian Industry (CII) Annual Business Summit-2025 in the national capital, Kamat said that weapons used during the 'Operation Sindoor' have built confidence among importing countries. 'I am hopeful that exports will increase after Operation Sindoor because now these (equipments) have been war-tested,' said Kamat, the Secretary Defence R&D and DRDO chairman. The Defence R&D chairman said that following the four-day military conflict with Pakistan earlier this month India's defence sector is attracting a lot of attention. 'After Operation Sindoor, I sincerely hope that exports will increase because they have just been tested. Equipment and other countries will show a lot of interest in buying them right now,' said Kamat. He said that India is already exporting defence equipment to over hundred countries and there are possibility that this number will go up after this operation. 'Already we are exporting to hundred countries, then I sincerely hope that this equipment will go to the hundred Countries and some other countries who are not buying us right now will also be interested in buying our equipment right now,' he told reporters. Kamat further added that the recently approved execution model of the Advanced Medium Combat Aircraft (AMCA) programme will open up the participation of private sector for fighter aircraft development. The defence ministry had on May 27 approved the Advanced Medium Combat Aircraft (AMCA) Programme Execution Model, a key step to boost India's indigenous defence capabilities and strengthen the domestic aerospace industry. The Aeronautical Development Agency (ADA) is set to execute the programme through industry partnership. The Execution Model approach provides equal competitive opportunities to the private and public sectors. They can bid either independently, as joint ventures, or as consortia. The entity/bidder should be an Indian company compliant with the laws and regulations of the country, the statement said. 'In this execution model, the HAL can bid. Private sector can bid. They can also bid as a joint venture. So this will open a participation of private sector four fighter aircraft,' Kamat added. Kamat said that the development should be completed by 2034, and then the production will start by 2035. He said the first prototype flight will be ready by the end of 2029. Earlier in his address at the CII plenary event, Rajnath Singh said that that under the Advanced Medium Combat Aircraft (AMCA) project, the Government, with industry participation plans to develop five prototypes of the 5th generation fighter aircraft, which will later lead to series production. Addressing the Annual Summit of the CII in the national capital, Singh said the decision should be considered a milestone in the history of the 'Make in India' programme. The project, he said, will promote self-reliance (Atmanirbharta) in the defence field. Through the Advanced Medium Combat Aircraft programme Execution Model, the private sector will get an opportunity to participate in a mega defence project along with public sector companies for the first time. (ANI)
Time of India
3 days ago
- Business
- Time of India
Defence exports to go up after Operation Sindoor, says Secretary Defence R&D
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Export of indigenous defence equipment will witness an uptick following Operation Sindoor as it is "war-tested" now, Chairperson of Defence Research and Development Organisation ( DRDO ) Samir V Kamat said on to reporters on the sidelines of the Confederation of Indian Industry (CII) Annual Business Summit-2025 in the national capital, Kamat said that weapons used during the 'Operation Sindoor' have built confidence among importing countries."I am hopeful that exports will increase after Operation Sindoor because now these (equipments) have been war-tested," said Kamat, the Secretary Defence R&D and DRDO Defence R&D chairman said that following the four-day military conflict with Pakistan earlier this month India's defence sector is attracting a lot of attention."After Operation Sindoor, I sincerely hope that exports will increase because they have just been tested. Equipment and other countries will show a lot of interest in buying them right now," said said that India is already exporting defence equipment to over hundred countries and there are possibility that this number will go up after this operation."Already we are exporting to hundred countries, then I sincerely hope that this equipment will go to the hundred Countries and some other countries who are not buying us right now will also be interested in buying our equipment right now," he told further added that the recently approved execution model of the Advanced Medium Combat Aircraft (AMCA) programme will open up the participation of private sector for fighter aircraft defence ministry had on May 27 approved the Advanced Medium Combat Aircraft (AMCA) Programme Execution Model, a key step to boost India's indigenous defence capabilities and strengthen the domestic aerospace Aeronautical Development Agency (ADA) is set to execute the programme through industry Execution Model approach provides equal competitive opportunities to the private and public sectors. They can bid either independently, as joint ventures, or as entity/bidder should be an Indian company compliant with the laws and regulations of the country, the statement said."In this execution model, the HAL can bid. Private sector can bid. They can also bid as a joint venture. So this will open a participation of private sector four fighter aircraft," Kamat said that the development should be completed by 2034, and then the production will start by 2035. He said the first prototype flight will be ready by the end of in his address at the CII plenary event, Rajnath Singh said that that under the Advanced Medium Combat Aircraft (AMCA) project, the Government, with industry participation plans to develop five prototypes of the 5th generation fighter aircraft, which will later lead to series the Annual Summit of the CII in the national capital, Singh said the decision should be considered a milestone in the history of the ' Make in India ' project, he said, will promote self-reliance (Atmanirbharta) in the defence the Advanced Medium Combat Aircraft programme Execution Model, the private sector will get an opportunity to participate in a mega defence project along with public sector companies for the first time.
