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India Gazette
26-05-2025
- Business
- India Gazette
Centre grants second one-year service extension to DRDO chief Dr Samir V Kamat
New Delhi [India], May 26 (ANI): In a significant decision, the centre has granted Dr Samir V Kamat, the Defence Research and Development Organisation (DRDO) chief, a one-year extension to his service until May 31, 2026. This is his second service extension. The Appointments Committee of the Cabinet approved the extension to the service of Dr Samir V Kamat, who is also the Secretary of the Department of Defence Research and Development (DDR&D). Kamat was appointed to the top post on August 25, 2022. An alumnus of IIT Kharagpur and The Ohio State University, USA, he joined DRDO in 1989 and previously served as Director General (Naval Systems and Materials). A distinguished scientist, Dr Kamat is a Fellow of the Indian National Academy of Engineering (INAE) and the Institution of Engineers India (IEI). He is a recipient of the Distinguished Alumni Award from IIT Kharagpur, the Metallurgist of the Year Award from the Ministry of Steel, and DRDO's Scientist of the Year Award. He has authored over 180 papers in international peer-reviewed journals. Earlier on May 22, DRDO Chairman Dr Samir V Kamat visited Solar Industries in Nagpur on Thursday. Solar Industries is a leading indigenous defence manufacturing company that contributes to India's self-reliance on defence production. During his visit, Dr Kamat reviewed the manufacturing processes of various defence products being developed by Solar Industries. In an exclusive interaction with ANI, Dr Kamat emphasised the growing role of private industry in strengthening India's defence capabilities. 'The private sector is playing a crucial role in the defence sector. To achieve the goals of 'Aatmanirbhar Bharat' and to enhance our combat strength, it is essential to promote indigenous defence manufacturing,' Kamat said. Referring to the recent conflict with Pakistan, Dr Kamat expressed satisfaction over the performance of DRDO-developed weapons systems, which were reportedly deployed during the operations. (ANI)
India Today
26-05-2025
- Business
- India Today
DRDO chief Dr Samir Kamat's tenure extended again by 1 year
The tenure of Defence Research and Development Organisation (DRDO) chairman, Dr Samir V Kamat, has been extended by another year, a government order said on Monday. Dr Kamat's tenure has been extended till May 31, is the second extension for Dr Kamat after he earlier got a one-year extension as the chief of the indigenous defence manufacturer till May 31, Appointments Committee of the Cabinet on Monday approved the extension in service of Dr Samir V Kamat, Secretary, Department of Defence Research and Development (DDR&D) and Chairman, Defence Research Development Organisation (DRDO) for a further period of one year from June 1, 2025 till May 31, 2026, or until further orders or whichever is earlier, the order said. He was first appointed to the highest post in the DRDO in August 2022 and was slated to retire on May 31, incumbent DRDO chief is seen as a reformer in his organisation and would be in charge of carrying out the reforms planned by the government to make the organisation more result-oriented and focusing on core science and technology Kamat completed his (Hons) in Metallurgical Engineering from IIT-Kharagpur in 1985 and PhD in Materials Science and Engineering from The Ohio State University, USA in 1988 and joined DRDO in Kamat is credited with providing leadership and direction to several critical material programmes in the DRDO, such as the development of high-strength steels for naval ship hulls, development of high temperature titanium alloys and nickel-based, superalloy-based components for aero engines, development of tungsten heavy alloys for kinetic energy penetrators, development of fused silica radomes for missile seekers, development of armour solutions for personnel as well as combat vehicles and stealth materials for airborne and naval have found use in various systems being developed by DRDO addition, Dr Samir V Kamat has spearheaded the development of naval systems such as advanced light-weight torpedo, anti-torpedo decoy systems, autonomous underwater vehicles, advanced hull-mounted and towed array sonars for ships and fuel cells based air-independent propulsion systems for Kamat is a Fellow of the Indian National Academy of Engineering (INAE) and the Institution of Engineers India (IEI).He is a recipient of the Distinguished Alumni Award from IIT-Kharagpur, Metallurgist of the Year Award from the Ministry of Steel and Scientist of the Year Award from Samir V Kamat has published more than 180 papers in international peer-reviewed Watch
Mint
28-04-2025
- Business
- Mint
Mishra Dhatu Nigam shares: What's behind the 8% rally in Miniratna defence PSU's stock today?
Miniratna defence PSU stock Mishra Dhatu Nigam surged a whopping 8% in intraday trade on Monday, April 28, following the appointment of a new chairman and managing director. A sharp rally in other defence counters in trade today also powered Mishra Dhatu Nigam shares today. Dr. S.V.S. Narayana Murty assumed charge as the Chairman & Managing Director of Mishra Dhatu Nigam today, April 28 and will remain at the helm of the defence PSU company till December 31, 2029. The company first intimidated regarding his appointment on April 15, 2025. 'Department of Defence Production, Ministry of Defence vide its letter dated April 15, 2025 conveyed appointment of Dr. S.V.S. Narayana Murty as Chairman & Managing Director of the Company in the pay scale of ₹ 1,80,000 — 3,20,000/- (IDA Pattern) with effect from date of assumption of charge of the post till the date of superannuation i.e. December 31, 2029 or until further orders whichever is earlier,' Mishra Dhatu Nigam said in an exchange filing on April 25. Dr. S.V.S. Narayana Murty, aged 55 years, holds many accolades. He had a B.E. from Andhra University, Visakhapatnam and an M.E. from IISc, Bangalore along with a Ph.D. from IIT-Bombay in Metallurgical Engineering. Murty completed his post-doctoral research at the Steel Research Centre, National Institute for Materials Science (NIMS), Japan (2003–2006). He joined the Vikram Sarabhai Space Centre (VSSC), Trivandrum in 1993, contributing to the development of ultrahigh-strength steels, titanium alloys, superalloys, and aluminium alloys. Prior to joining Mishra Dhatu Nigam, he was working at the Liquid Propulsion Systems Centre (LPSC), ISRO, focusing on the indigenization and supply of critical materials for India's space program. Dr. S.V.S. Narayana Murty is the recipient of several prestigious awards, including: Young Metallurgist Award (2001) and Metallurgist of the Year Award (2018) from the Ministry of Steel, Government of India AIDA Technology Innovation Award (2009) from the Japan Society for Technology of Plasticity National Failure Analyst Award (2021) from the Society for Failure Analysis G.D. Birla Gold Medal (2022) from the Indian Institute of Metals He has also been recognised among the top 2% of scientists worldwide by Stanford University and has authored numerous ISRO technical reports and over 325 publications in international peer-reviewed journals. Strong buying action was visible in a majority of defence stocks amid heightened India-Pakistan tensions, and hopes of rising defence exports also powered the rally in Mishra Dhatu Nigam's share price. 'Defence sectors are in action today in combination of two factors – ongoing INDO-PAK LOC tensions, which could commit to enhancing domestic defence capabilities, leading to more orders or contracts for domestic firms, and expectation of an increase in global defence spending, boosting investor confidence in the sector. It is believed that geopolitical tensions and increased defence spending in the US, Europe would create export opportunities,' said Prashant Tapse, Sr VP Research at Mehta Equities. Mishra Dhatu Nigam share price opened at ₹ 296.25 on the BSE today, significantly higher than its previous close of ₹ 290.55. Thereafter, the PSU stock rose to the day's high of ₹ 313.90, recording an over 8% rise in intraday deals. Mishra Dhatu Nigam shares were trading 6.92% higher at ₹ 310.65 apiece as of 2.05 pm. Other defence stocks like Paras Defence, Data Patterns, Cochin Shipyard and Hindustan Aeronautics (HAL) also witnessed strong buying action today, rising between 5-10%. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 28 Apr 2025, 01:53 PM IST
