New Delhi, Dec. 15 -- Defence Research and Development Organisation (DRDO) Chairman Samir V. Kamat on Monday stressed the Importance of Research and Development in Defence. Highlighting the technological transformation and changing nature of warfare, Kamat said that we must increase our Research and Development budget.

Addressing a gathering, Kamat said, "We want to be a technology leader, but if you look at our R&D Budget, it is very low. We allocate only 0.65 per cent to R&D, while our competitors allocate more than 2 per cent. In the area of defence, our R&D is only 5.75% of the Defence budget, but the US spends more than 10 per cent."

Samir V Kamat was giving a keynote address in the 40th Air Chief Marshal (Retd) PC Lal Memorial Lec...