India's Defence Exports To Touch Rs 50,000 Crore In 2029-30: Rajnath Singh
NDTV
Rajnath Singh said that the government's efforts to achieve self-reliance are turning out to be highly successful as defence exports, which were around just Rs 600 crore 10 years ago, crossed a record number of Rs 21,000 crore in Financial Year 2023-24.
Defence Minister Rajnath Singh on Saturday said that India's Aatmanirbhar drive was "yielding the desired results" and the country was poised to reach Rs 50,000 crore in defence exports by 2029-30.
Addressing the 65th Foundation Day celebrations at the Indian Institute of Technology (IIT), Kanpur, the Defence Minister called upon Indian youth to indigenously develop high-end technologies, which the country imports, to realise Prime Minister Narendra Modi's vision of 'Viksit Bharat'.
He stressed on the need to get a hold on high-end technology, urging the young ignited minds to realise their potential and contribute to the country's progress. He termed institutions like IIT Kanpur as academic engines, which can provide a dynamism to India in the present competitive environment.
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