"...They (developed countries) are growing up and they want to maintain the developed status with technology...The developed countries dump the low technologies to developing countries," BrahMos Aerospace Chief Executive Officer A Sivathanu Pillai said in a lecture at Anna University here.
"That means we are getting low technology items spending our resources ...This leads to lack of conducive environment for higher learning, high technology research and indigenous production," he said.
Observing that developing countries were using their resource for low technology, he said, "Your resource is gone. You have got very limited resource to develop yourself. That means you cannot do high technology research."
Listing out the chain reaction that followed the low technology from developed countries, he said, "..As the people are concerned, good people think that this is not the country to stay..So they want to move out. That leads to brain drain."
Talking to reporters later, he said BrahMos Aerospace, an Indo-Russian joint venture, was currently working on underwater version of the supersonic cruise missile BrahMos to launch it from submarines.
"The missile is a multi-target capability missile, in the sense, you can attack a ship on the sea, or you can attack on the land. And from air also you can attack ship as anti-ship system or anti-land system. These are our immediate missions... In next five years, we are going for the hypersonic version," he said.