DRDO able to save over Rs 2,64,000 crore due to indigenous research in 5 years: Par panel

New Delhi: A parliamentary panel has said the Defence Research and Development Organisation (DRDO) has been able to save an amount of Rs 2,64,156 crore because of its own “indigenous research” over the last five years.

The Parliamentary Standing Committee on Defence, in a report presented in Parliament on Tuesday, also said that in the past and current year, “crucial milestones in developing next-generation hypersonic technologies and missiles have been achieved” by the DRDO.

The committee congratulated the DRDO for its “various feats” and said the agency will “continue its successful stride” in the fields of various complex and critical technologies to strengthen indigenous defence research and development capabilities of the country, according to the report.

In a major boost to indigenous defence manufacturing, the defence ministry allocated Rs 29,558.66 crore towards DRDO projects over the last three years. This was shared by Minister of State for Defence Sanjay Seth in a written reply to MP Tejasvi Surya in the Lok Sabha.