Speaking on the budget allocation for India’s defence sector, Prime Minister Narendra Modi on Monday hailed the government’s vision to make India a hub for manufacturing “low cost, high quality” defence equipment. With this, the country will soon become one of the leading defence exporters in the world, he underlined.
Addressing a webinar on the effective implementation of Union Budget 2021’s schemes in the defence sector, Modi spoke about the untapped potential of India’s manufacturing for military equipment and the increased role of the private sector in helping achieve this self reliance.