Raksha Mantri Rajnath Singh said modernisation of the Armed forces is the top priority of the government to enhance the defence capability and preparedness of the country. He visited Bharat Dynamics Limited (BDL) in Hyderabad today on the occasion of Golden Jubilee celebrations of the Defence PSU.
Addressing the gathering on the occasion, ShriRajnath Singh said Indigenization will be encouraged to the maximum possible extent and defence equipment will be imported only when it cannot be manufactured indigenously. He added that the defence sector will play a key role in making the country a 5-trillion economy through FDI and offset investments in manufacturing. He hoped that defence exports will reach to a significant level by 2025.
ShriRajnath Singh said BDL is an important defence organisation and with organizations like DRDO, ISRO, BDL has enhanced the prestige of the country through its achievements. ShriRajnathSingh appreciated BDL for manufacturing more than one lakh missiles in the last 50 years. Read More