NEW DELHI: Prime Minister Narendra Modi on Wednesday laid the foundation stone of a new airbase at Deesa in Gujarat’s northern Banaskantha near the Pakistani border.
Speaking at the opening ceremony of the 12th Defense Expo, Modi said the growing reliance of the Indian armed forces on Indian-made equipment is like ‘Atmanirbhar Bharat’ as it is proof of India’s ever-improving position in the world. the global defense sector is dominated by a few. “We used to release pigeons, and now we release cheetahs,” he said.
“Despite the monopoly of some manufacturing companies, India has penetrated (in this sector) and secured its position. The military has also decided to buy 411 items in the country, covering 101 items. alleged goods have recently been added to the list. shows the potential of a self-sustaining India,” the Prime Minister said at the Mahatma Mandir in Gandhinagar. Modi said the Center aims to raise India’s defense exports to a value of Rs 40,000 crore in the near future, encouraged by an eightfold increase in the past few years.
“The world is trusting Indian technology because our armed forces have proven their capabilities. We are exporting defense materials and equipment to more than 75 countries,” he said. India spends 68% of its defense budget on Indian companies.
Immediately after the opening of the exhibition, the Prime Minister unveiled the HTT-40, an indigenous trainer aircraft designed by Hindustan Aeronautics Ltd at the India Pavilion at Gandhinagar’s Heliport. He also released Mission DefSpaceaims to invite startups and MSMEs to provide solutions to 75 challenges.
Speaking at the opening ceremony of the 12th Defense Expo, Modi said the growing reliance of the Indian armed forces on Indian-made equipment is like ‘Atmanirbhar Bharat’ as it is proof of India’s ever-improving position in the world. the global defense sector is dominated by a few. “We used to release pigeons, and now we release cheetahs,” he said.
“Despite the monopoly of some manufacturing companies, India has penetrated (in this sector) and secured its position. The military has also decided to buy 411 items in the country, covering 101 items. alleged goods have recently been added to the list. shows the potential of a self-sustaining India,” the Prime Minister said at the Mahatma Mandir in Gandhinagar. Modi said the Center aims to raise India’s defense exports to a value of Rs 40,000 crore in the near future, encouraged by an eightfold increase in the past few years.
“The world is trusting Indian technology because our armed forces have proven their capabilities. We are exporting defense materials and equipment to more than 75 countries,” he said. India spends 68% of its defense budget on Indian companies.
Immediately after the opening of the exhibition, the Prime Minister unveiled the HTT-40, an indigenous trainer aircraft designed by Hindustan Aeronautics Ltd at the India Pavilion at Gandhinagar’s Heliport. He also released Mission DefSpaceaims to invite startups and MSMEs to provide solutions to 75 challenges.
