Self-reliance in defense sector is crucial, underlines PM Modi…
New Delhi. Prime Minister Narendra Modi has said that the goal of self-reliance in the defence sector is very important for the India of the 21st century. He said, considering the need of the hour, India is making all efforts for achieving self reliance in defense sector. Addressing the Naval Innovation and Indigenisation Organisation Seminar ‘Swavlamban’ in New Delhi yesterday, Mr Modi said organising the first Swavlamban Seminar for an Aatmanirbhar Navy is an important step in this direction.
Mr Modi said, in the last 8 years, the Government has not only increased the defence budget, but also ensured that this budget is useful in the development of the defence manufacturing ecosystem in the country itself. He said, a large part of the budget earmarked for the purchase of defense equipment is being spent in procurement from Indian companies.
During the programme, the Prime Minister unveiled ‘SPRINT Challenges’, which are aimed at giving a boost to the usage of indigenous technology in the Indian Navy. The Prime Minister said India’s howitzers,and machine guns made at the Ishapur Rifle Factory were considered the best.
The Government has recently made some MoUs with private defense companies for the manufacturing of important equipments, required to the defense system.