Overview
- The new Solar Industries facility in Nagpur is a fully automated medium-calibre plant that manufactures 30mm ammunition used by the Army and Navy.
- Singh dispatched the first tranche of guided Pinaka rockets produced by the Solar Group for export to Armenia.
- He set a goal for private companies to deliver at least 50% of India’s defence manufacturing output, highlighting expanded industry participation.
- According to the minister, defence exports have risen from roughly Rs 1,000 crore a decade ago to about Rs 25,000 crore, with a target of Rs 50,000 crore by 2029–30.
- He said modern conflict now spans energy, trade, tariffs, supply chains, technology and information, and cited growing private-led R&D and domestic output above Rs 1.5 lakh crore.