Defence Minister Rajnath Singh will undertake an annual performance review of 16 defence public sector undertakings (DPSUs) in the national Capital on Monday.

During the event, a compilation of projects related to design and development and research and development carried out in the last 10 years, and the plan for the next five years will be released.

In addition, the new R&D Manual of Hindustan Aeronautics Limited providing flexibility, speed, risk assessment, and allocation in R&D projects will be unveiled.

The Defence Minister will also release a report on renewable energy, titled ‘Swayam’. This report is the first-ever attempt made under the aegis of Department of Defence Production to compile the energy efficiency practices of all the 16 DPSUs.

In a statement issued here, the Ministry of Defence stated that the Minister had declared 2025 as the ‘Year of Reforms’, underscoring the importance of development of new technology by DPSUs and the need for enhancing exports and indigenisation.

To achieve the objective, he exhorted DPSUs to increase their investment and manpower for R&D.

All DPSUs have prepared their R&D roadmap for the next five years. Over the last 10 years, a total sum of Rs 30,952 crore has been invested in R&D by 16 DPSUs. The pace of R&D is now proposed to be doubled with projected expenditure of Rs 32,766 crore over the next five years.

While most of the R&D investment over last 10 years was made by old DPSUs notably HAL, Bharat Electronics Limited and Bharat Dynamics Limited, the thrust on R&D is now spread across all DPSUs.

In the next five years, seven new DPSUs formed upon corporatisation of the Ordnance Factory Board will invest over Rs 3,000 crore for R&D, while defence shipyards have planned an investment of over Rs 1,300 crore.

The MoD further stated that the performance of DPSUs in 2024-25 has been commendable. The total turnover stood at Rs 1.08 lakh crore, up 15.4% from that in 2023-24. The DPSUs recorded cumulative Profit After Tax in 2024-25 of Rs 20,021 crore, registering a growth of 19.5 % over the previous year.

In 2024-25, DPSU’s achieved an increase of 51% in exports over the previous financial year. The event will witness felicitations to various DPSUs for their achievements in different areas and exchange of significant MoUs.