Defence News India Latest: Public-Private Partnership Can Bring "Production Revolution" in Defence

Defence News India Latest: government has developed a collaborative environment to guarantee that the armed services are modernized in the fast ...

 

Rajnath Singh, Defence Minister of India

Defence News India Latest: Defence Minister Rajnath Singh said on Tuesday that the government has developed a collaborative environment to guarantee that the armed services are modernized in the fast changing global security environment. He stated that public-private partnerships may create a "Defense Production Revolution" and assist realize the goal of "Aatmanirbhar Bharat (self-reliant India)" in his presentation to the Society of Indian Defence Manufacturers (SIDM) annual conference.


“Through a strategic partnership approach that will enable our private businesses grow into global behemoths in the years ahead.


One example is the recent deal for 56 transport aircraft with the Indian Air Force,” he added. Defence exports have surpassed the $38,000 crore barrier in the previous seven years, according to Singh. He claimed that over 10,000 SME's had entered the defense industry, and that research and development, start-ups, innovation, and employment have all increased.


“Countries all over the globe are concentrating on modernizing their forces, and demand for military equipment is quickly rising as a result of rising security concerns, border conflicts, and maritime dominance,” Singh added. “Through a cost-effective and high-quality software, India is capable of addressing these needs.”


He emphasized the necessity of indigenisation and discussed the changes that have been implemented to integrate the private sector and attain Atmanirbhar Bharat. “The reforms include allocating 64.09 percent of the Capital Acquisition Budget for 2021-22 to domestic capital procurement and 15% to direct procurement from private industry; the establishment of Defense Industrial Corridors in Uttar Pradesh and Tamil Nadu; the introduction of Innovation for Defence Excellence; and free technology transfer through Defense Research and Development.


Other Defence News Headlines:

Support Our Journalism

India deserves fearless, independent journalism that asks tough questions and brings ground-level realities to the forefront. The Indian Hawk is committed to delivering just that — with deep analysis, field reporting, and voices that matter.

But quality journalism comes at a cost, and we rely on the support of thoughtful readers like you to keep it going.

Whether you're based in India or abroad, you can help sustain our work by becoming a subscriber or making a contribution by clicking to subscribe and support The Indian Hawk.

Subscribe to Support Our Journalism
Loaded All Posts Not found any posts VIEW ALL Continue to article Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU CATEGORY ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy In This Story