Target to achieve Rs 1.75 lakh crore defense production by 2025: Rajnath Singh – Times of India Videos

July 13, 2022, 05:03 PM ISTSource: ANI

Defense Minister Rajnath Singh, while participating in an interaction program with officials of Defense Public Sector Undertakings (DPSUs) on July 13, said that the Defense Ministry has taken several steps to achieve self-reliance in the defense sector. The Ministry of Defense has taken several steps with the aim of achieving self-reliance in the defense sector. Thanks to the creation of Defense Acquisition Process 2020, the acquisition of defense equipment was simplified. Made the process of getting license easier,” he said. “Under the Innovation and Defense Excellence (iDEX), a lot has been done to inspire innovators. The ministry has set a defense production target of Rs 1.75 lakh crore by 2025. Out of this, exports will be Rs 35,000-40,000 crore.