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Defence Minister Sets 2029 Targets for Domestic Output and Exports

Reported by Rohit Yadav (Staff Writer) · Business Standard - Top Stories ·

Source: Business Standard
Important
Defence Minister Sets 2029 Targets for Domestic Output and ExportsPhoto: Wikimedia Commons

Defence Minister Rajnath Singh announced targets of three trillion rupees in defence output and fifty thousand crore rupees in defence exports by the year 2029.

Background

Singh set out these goals while chairing a meeting of the Consultative Committee of the Ministry of Defence in Jaisalmer, Rajasthan.

Context

Consultative committees bring together members of Parliament from different political parties to discuss policy matters with senior ministers. India has been pushing hard to build its own military equipment and reduce reliance on foreign suppliers.

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