G Satheesh Reddy, DRDO chief (Photo | EPS) 
Business

Corridors in UP, TN will boost defence industries: DRDO chief

Many schemes have been launched by the government to also help the start-ups.

Express News Service

CHENNAI: Defence Research and Development Organisation (DRDO) Chairman G Satheesh Reddy said on Saturday that the upcoming defence corridor projects in Uttar Pradesh and Tamil Nadu will give a fillip to the defence sector and it will create an eco-system for the defence-related industries to flourish in the country. Speaking at the Business Excellence Award, organised by Andhra Chamber of Commerce (ACC), Reddy said the government has been taking initiatives to support the industries in a big way and encouraging them to come up with different innovative products.

Many schemes have been launched by the government to also help the start-ups. The DRDO chief noted that during such a time, the role of organisations like ACC becomes more important as they help in creating awareness. The Chamber organised the fifth edition of the programme virtually and five people were awarded for their contribution in the business field.

These include Ponni Concessao for his contribution in the field of architecture, VMM Prasad (rural education), Pullela Gopichand (sports), Vinayak C. Hegana, founder and CEO of Shivar Naturals, (MSME category) and Suchitra Ella, joint MD Bharat Biotech International (Pharmaceuticals).

Parliament panel flags manpower shortage

The DRDO’s current manpower is grossly insufficient for committed research and development (R&D) projects, stated a report of the Parliamentary Standing Committee on Defence on Friday. In its reply to the committee, the Defence Ministry said the Ministry of Finance had on April 24 last year already approved the proposal to augment the manpower in DRDO by 436 posts.

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