New Delhi, May 29 -- DRDO Chairman Samir V Kamat on Thursday called on the Indian industry to significantly increase its investments in research and development to strengthen India's indigenous defence capabilities.

"We need to invest more in research and development. Today, we spend 5 per cent of our Defence budget on R&D. The Raksha Mantri has promised us that in the next five years, this will increase gradually to 10% of the Defence budget," Samir V Kamat said at the CII Annual Business Summit 2025.

"You can't afford to fight future wars with past technologies. If you have to win future battles, you have to invest in R&D within the country," he added.

He congratulated the armed forces for the success of Operation Sindoor.

"Let me p...