Sanjay Jaju, Additional Secretary (Defence Production), Ministry of Defence, on Friday called up industries to blend indigenisation activities with innovation to emerge as market leaders.
He was speaking after inaugurating a Hindustan Aeronautics Limited (HAL)-Society of Indian Defence Manufacturers (SIDM) indigenisation conclave on Make in India for Defence and Aerospace, held in hybrid mode in the city, a statement from HAL said.
“Defence Unicorns should be our target and it is possible to achieve this through renewed energy and self-belief. Ideas will not face dearth of funds”, Jaju said. Around 60 items to be indigenised were kept on display at the venue of the conclave.
The statement quoted C B Ananthakrishnan, CMD, HAL, as saying that HAL is collaborating with different stakeholders, including private industries, to indigenise "to a maximum extent" and the company is also focusing on design-stage indigenisation.