India’s defence industry Minister Rajnath Singh, speaking at the DIAT convocation, industry’s role in meeting the security needs of friendly nations. He noted significant progress in defence production in addition to self-reliance in rifles and fighter aircraft.
Boosting Defense Exports and Manufacturing
Singh immediately highlighted India’s defence equipment exports, exceeding $16 billion in the past five years. The government is looking forward to make India a major defence manufacturing hub by providing incentives to boost domestic production.
Transparent Defense Procurement Policy
The India’s defense industry minister emphasized the development of a new defence procurement policy that prioritizes transparency and fairness. This policy aims to stimulate the domestic defense industry and enhance its growth prospects.
India’s Potential as a Global Defense Player
Singh expressed confidence in India’s defense industry’s potential to become a major player in the global market. The government is dedicated to creating a favorable environment for its growth
Addressing Security Challenges
Singh’s remarks came amidst security challenges, firstly the border standoff with China and secondly threats from terrorist groups like Jaish-e-Mohammed and Lashkar-e-Taiba. Lastly the focus on self-reliance aims to reduce dependence on imports and enhance the capabilities of the Indian armed forces.
Therefore government’s emphasis on the defense sector signifies its commitment to strengthen national security and promote indigenous defense production.
