Antony asks PSUs to invest in Defence R&DThe Defence Minister Mr. A.K. Antony has asked public sector units, PSUs,to invest more money in defence research and development to reverse over-dependence on military imports. Addressing a function to give excellence awards to Defence PSUs and Ordnance Factories in New Delhi yesterday, the Minister said, to achieve this objective, Defence PSUs and Ordnance Factories must develop and encourage in-house capabilities. He added that modernisation must be accompanied by even greater transparency and accountability