Aatmanirbhar Defence Sector
On 22nd February 2021, while speaking on the budget allocation for India’s defence sector, Indian Prime Minister Narendra Modi has called for ‘Aatmanirbhar’ in the defence sector and the need to focus on exports in the sector.
- He also pitched 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.
Need
- India is one of the biggest defence importers in the world, and it bleeds a significant chunk of our precious forex reserve.
- India is working to change its dependence on other countries and boost its strategic posture ....
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