Defence Secretary Rajesh Kumar Singh announced at the SIDM Annual Conference in New Delhi on October 9 that DRDO will focus primarily on research and development, with conventional missile production transferred to private industry by November 2027.
🔹 DRDO laboratories may undergo further consolidation, while scientists will be relieved of procurement and administrative duties.
🔹 India’s defence procurement is projected at $20–25 billion annually over the next decade, with the private sector’s share of defence production targeted to rise from 24% to 50%.
🔹 MRFA, jet-engine co-production and DAP reforms are also progressing, with key decisions expected within the calendar year.
Join For More Updates : @ISNReport