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defence exports

Govt targets Rs 50,000 cr defence exports by 2028-29: Defence Minister Rajnath Singh

Govt targets Rs 50,000 cr defence exports by 2028-29: Defence Minister Rajnath Singh

New Delhi, March 7, Defence Minister Rajnath Singh on Thursday said the Modi government has prioritised the defence sector and along with the promotion of indigenous manufacturing was aiming at an export target of Rs 50,000 crore for military hardware by 2028-29. Speaking at the NDTV Defence Summit here, the minister said, "In 2014, when Prime Minister Modi's government came to power, we put the defence sector as one of our main priorities. Aatmanirbharta (self-reliance) was encouraged and we introduced many Make-in-India initiatives. Our focus was on military modernisation," he said. Elaborating on the new eco-system for defence manufacturing based…
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