MoD intends for defence manufacturing to reach Rs 1.75 Lakh crore by 2025

MoD intends for defence manufacturing to reach Rs 1.75 Lakh crore by 2025

Defense Minister Rajnath Singh announced that the Ministry of Defence has set a target of Rs 1.75 lakh crores in defence production by 2025, which includes Rs 35,000 crores in exports. He exuded assurance that the Defense PSUs, with a contribution of between 70 and 80 percent, will play a significant part in reaching this aim.

The minister urged the Non-Official Directors (NODs) of DPSUs to see that the government’s measures for achieving “Aatmanirbharta in Defense” were carried out smoothly.

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