Tag: Private sector

New Delhi: Defence Minister Rajnath Singh on Friday said at least 50 per cent of the country's total defence production should come through the participation of the private sector. Addressing an event by the Society of Indian Defence Manufacturers (SIDM) here, he said the Russia-Ukraine war proved that the importance of a defence industrial base has "not lessened", rather there is a need to expand it.Singh underlined that India was an "import-dependent nation" earlier in the defence sector, but the country is taking strides towards defence exports. He...