Exhorting the Indian defence manufacturers to boost their production in a changing global security scenario, Defence Minister Rajnath Singh that the share of procurement from domestic industry has increased to nearly 65 per cent for defence modernisation, and from private domestic industry to 15 per cent.
Speaking at the annual session of the industry body Society of Indian Defence, Singh said, “It is a big deal for all that the percentage of domestic procurement has increased to 64.09 per cent in the amount allocated for defence modernisation. Also the percentage of direct procurement from private sectors in domestic capital procurement has become 15 per cent.”