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Podcast: businessline's State of the Economy Podcast
Episode: Govt's 25% defence R&D pledge: 25 months on, still no action, says J. D. Patil, L&T Defence
Description: The government had pledged to allocate 25 per cent of the R&D budget for private industry in defence manufacturing in the 22–23 budget. Despite this promise, 25 months later, the fund has not been made available to the industry which is key to big ticket innovations in strategic domain.  In this State of the Economy podcast hosted by businessLine’s Dalip Singh, JD Patil -- an industry veteran and member of the executive council of Management of L&T, and Advisor to the CEO & MD for L&T’s Defence & New Age Smart Technology businesses -- shares his candid views on...