PUNE: India has the potential to become a superpower if it makes advancements in technology, said Defence Minister Rajnath Singh here on Friday.
He was addressing MTech students, PhD scholars and researchers at the Defence Institute of Advanced Technology (DIAT), a deemed university of Defence Research and Development Organisation (DRDO), after inaugurating some newly constructed infrastructure at the institute campus in Khadakwasla.
Underlining the latest success of producing 1 lakh hand grenades by a private company in Nagpur, Singh said, “The company produced this large quantity of grenades in five months and successfully delivered it to the Indian Army. The Indian cost of one grenade is Rs 3400. The same grenade has been exported to Indonesia for over Rs 7000. In nutshell, I just want to make the point that if we make progress in technology, India has the potential to become an economic superpower.”
Singh reiterated that the ministry has been making a conscious effort towards budgetary allocation and collaborating research scholars, private players, startups and armed forces to make progress in technology. “The ministry has launched the “iDEX (Innovations for Defence Excellence) for Fauji” to achieve this objective and it has also made budgetary provision worth Rs 1000 crore. Moreover, it has allocated Rs 500 crore to encourage startups to conduct research in defence technology and aerospace,” he added.
He appreciated the researchers of DIAT for innovating nine patents in Covid research in the last two years. “Private industries have benefited from their research works. I am happy with their achievements,” he added.