In the past five years, "indigenous research" helped the Defence Research and Development Organisation (DRDO) save as much as ₹2,64,156 crore.
This was revealed by a Parliamentary Standing Committee on Defence in a report presented in Parliament on Tuesday.
The report further said that in the past and current year, "crucial milestones in developing next-generation hypersonic technologies and missiles have been achieved" by the DRDO.
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Hailing DRDO for its "various feats", the panel said the agency will "continue its successful stride" in the fields of various complex and critical technologies to strengthen the indigenous defence research and development capabilities of the country.
"The Committee has also been apprised that DRDO has been able to save an amount of Rs 2,64,156 crore because of its own indigenous research during the last five years," it said.
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Some of the achievements of the DRDO in recent years include the flight test of the first long-range hypersonic anti-ship missile in November 2024, and the testing of the first Multiple Independently Targetable Re-entry Vehicle (MIRV) technology using the Agni ballistic missile in March 2024.
Besides, it also indigenously developed and successfully flight tested the Very Short Range Air Defence System (VSHORADS). Also, the Man-Portable Anti-Tank Guided Missile has successfully completed Provisional Staff Qualitative Requirements (PSQR) validation trials of the Indian Army.