DRDOs Dr Sudhir Mishra said $150 billion worth military equipments will be required by India in coming decade

     Written by : SMTV24x7 | Sat, Sep 02, 2017, 02:06 AM

DRDOs Dr Sudhir Mishra said $150 billion worth military equipments will be required by India in coming  decade

DRDOs Scientist and Director General of BrahMos missile system division, Dr Sudhir Mishra, said an estimated 150 billion dollar military equipments will be required by india in the coming 10 years of time.

Private organizations can work with defence was indicated by Sudhir mishra . He also said Defence Research and Development Organization (DRDO) will share its technology with the private manufactures if needed.

He referred this as “big opportunity for the entrepreneurs”. He expressed his concern over the manufacturing rules in India.

“At present, we own 6 to 7 per cent of the global software market. But now, we cannot grow beyond this, as we mostly carry out outsourcing and low-end software jobs. That is why, the new government at the Centre came up with ‘Make In India’. Now, we are trying to catch up,” said Mishra.