💨 Abstract

India aims to increase defense production value to Rs 1.60 lakh crore this year and reach Rs 3 lakh crore by 2029. The goal is to reduce dependency on imports and create a defense industrial ecosystem for both domestic needs and exports. Defense Minister Rajnath Singh emphasized the importance of self-reliance, indigenization, innovation, and global leadership in the defense sector.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖