logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

India's defence exports will touch Rs 50,000 crore by 2029-30, says Rajnath Singh

By IBNS
Nov 3, 2024 ..

Indian Defence Minister Rajnath Singh on Saturday said the country's defence exports will reach Rs 50,000 crore by 2029-30.


While addressing the 65th Foundation Day celebrations at the Indian Institute of Technology (IIT), Kanpur, Rajnath Singh said the Government’s efforts to achieve self-reliance are yielding desired results as the defence exports, which were around just Rs 600 crore ten years ago, crossed a record number of Rs 21,000 crore in Financial Year 2023-24.

Highlighting the increasing role of technology in the defence ecosystem across the globe amidst ongoing conflicts, Singh said that the use of drones, laser warfare, cyber warfare, precision guided missiles and hypersonic missiles has transformed warfare into a technology-oriented one.

“The biggest hurdle in achieving ‘Aatmanirbharta’ in defence is that we are compelled to import some high-end technologies necessary for our items. There is a need to focus on defence application of modern cutting-edge technologies in view of the changing nature of warfare,” he added.

As part of the celebrations, IIT Kanpur hosted a special event on defence innovation, aligning with the vision of ‘Aatmanirbhar Bharat’.

Rajnath Singh visited a Defence Research, Product, and Incubation Showcase organised by the Start-up Incubation and Innovation Centre (SIIC) at IIT Kanpur, which highlighted pioneering solutions from 23 SIIC-incubated start-ups, presenting advancements in defence technology such as autonomous systems, AI-driven surveillance, and next-generation communication tools.

Singh engaged with Start-up founders and research teams at the exhibition stalls, commending their contributions to enhance national security.

Leave a Reply
Post comment
Related News
Ask Pakistan to end support to terrorism: India sternly tells Islamabad’s friend Turkey
May 22, 2025..
Ask Pakistan to end support to terrorism: India sternly tells Islamabad’s friend Turkey
May 22, 2025..
'Ask Pakistan to stop backing cross-border terrorism': India tells Turkey
May 22, 2025..
Relations built on sensitivities to each other's concerns: India tells Turkey over its support to Pakistan
May 22, 2025..
Himanta warns Bangladesh: ‘Touch our Chicken’s Neck, we’ll hit back at yours’
May 22, 2025..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved