Technology

DRDO hands over licensing agreements for transfer of technology to 22 industries

In a recent development, the DRDO handed over 23 Licensing Agreements for Transfer of Technology (LATOT) to 22 industries across various domains. These agreements cover manufacturing of carbon/carbon aircraft brakes for LCA Tejas, high-explosive anti-personnel grenades, tank transporters, and more.

During the handover at a DRDO-Industry Meet in Pune, Secretary, Defence R&D, and DRDO Chairman, Dr Samir V Kamat, highlighted the significance of these agreements in boosting the defense manufacturing sector and achieving self-reliance in defense. The event also saw the issuance of SAMAR certificates to nine industry partners.

Dr Kamat emphasized DRDO’s commitment to supporting Indian defense industries and realizing the vision of Aatmanirbhar Bharat. He pointed out that the success of DRDO products has not only increased self-reliance in defense technology but also created opportunities for the defense manufacturing sector.

As India aims to become a hub for defense manufacturing, Dr Kamat encouraged industry partners to leverage government initiatives and policies. The collaboration between DRDO and industries is crucial in advancing defense technology and strengthening the country’s defense capabilities.

This initiative underscores the importance of technology transfer and collaboration in enhancing India’s defense manufacturing capabilities. With these agreements, the defense sector is poised to witness significant advancements, furthering the goal of self-reliance in defense technology.

IANS

IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

Related Articles

Carlsberg Beer Prices in Bangalore Tuborg Beer Price in Bangalore Budweiser Beer Prices in Bangalore Top 10 New Year’s Eve Party Spots in Bangalore Old Monk Price in Bangalore: Your Guide to the Latest Rates Top 10 Christmas Movies to Watch This Holiday Season! AI Imagines Indian Cricketers As Santa Claus Best Jack Daniels Whiskeys and Their Alcohol Percentage