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DRDO to set up commercial arm
By siliconindia
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Saturday, 29 January 2011, 15:33 IST
Bangalore: The Defence Research and Development Organization has decided to set up a commercial arm on the lines of the Antrix Corporation of Indian Space Research Organization to market its spin-off technologies, reports Hemanth CS from DNA.
A commission formed by DRDO has already conducted an internal deliberation on the issue and is waiting for the permission from the defence ministry and the cabinet committee on security.
DRDO already has entered into an agreement with the federation of Indian Chambers of Commerce and Industry (Ficci) to market about 20 DRDO-licensed products for civilian application. Nine products have been have been licensed for civilian application so far.
The report also says that the development of a number of customized technologies for the para-military forces for the use in low intensity conflicts and for carrying out surveillance in the borders will be undertaken by DRDO. It also is also looking at the options of exporting the missiles like the Akash and Nag in the future.