Navy Chief Admiral Dinesh K Tripathi has emphasized the critical role of India’s semiconductor policy in strengthening the country’s defence manufacturing capabilities. Speaking at an event in Mumbai, he described semiconductors as the “new oil for the economy” and highlighted the importance of private sector involvement in achieving self-reliance in defence production.
Key Highlights of Admiral Tripathi’s Address
- Semiconductors as the New Oil: Admiral Tripathi stated that semiconductors are vital for both the civilian and defence sectors, driving innovation and economic growth.
- Private Sector Leadership: He urged the private industry to take the lead in defence manufacturing to make India self-reliant.
- Defence Budget Allocation: The Ministry of Defence (MoD) has allocated 75% of its modernization budget (nearly Rs 1 lakh crore) for the defence industry, with 25% earmarked for the private sector.
- iDEX Scheme: The Innovation for Defence Excellence (iDEX) scheme has been allocated Rs 450 crore this year to support startups and SMEs in defence innovation. Since its inception in 2018, iDEX has signed nearly 400 contracts.
- Funding for Innovation: The new policies provide grants of up to Rs 1.5 crore for small projects and Rs 25 crore under the Aditi scheme for niche technologies.
Navy’s Collaborative Approach
Admiral Tripathi highlighted the Indian Navy’s shift from being customers to collaborators and merchants to partners with the industry. He emphasized the need for collaboration to meet the Navy’s future technology requirements.
- Task Forces: The Navy has established task forces to engage with the industry, understand available technologies, and address current gaps.
- Industry Involvement: The Navy aims to fully involve and work with industry leaders to develop cutting-edge technologies and solutions.
Importance of Semiconductors in Defence
Semiconductors are the backbone of modern technology, powering everything from communication systems to advanced weaponry. Admiral Tripathi noted that the semiconductor policy will significantly benefit the technology-driven Navy, enhancing its operational capabilities and self-reliance.
Looking Ahead
Admiral Tripathi’s address underscores the importance of a robust semiconductor ecosystem for India’s defence and economic growth. By fostering collaboration between the defence forces and the private sector, India can accelerate its journey toward self-reliance and technological leadership.
The Navy’s proactive approach to engaging with the industry, coupled with government initiatives like iDEX and the semiconductor policy, sets the stage for a transformative era in India’s defence manufacturing sector.
