Overview
- At Solar Industries’ new medium-calibre ammunition facility in Nagpur, the defence minister framed modern warfare as extending beyond borders into economic and technological domains.
- He set a goal for private companies to account for at least half of India’s defence manufacturing in the coming years.
- Domestic defence production has risen from about Rs 46,000 crore in 2014 to more than Rs 1.50 lakh crore, with the private sector contributing roughly Rs 30,000 crore.
- Exports have grown from around Rs 1,000 crore a decade ago to Rs 25,000 crore, with a government target of Rs 50,000 crore by 2029–30.
- Singh credited policy reforms for improved quality, faster delivery and stronger private-sector R&D, and said India aims to become a global hub for ammunition production.