Defence Minister Rajnath Singh on Thursday said the government has set a target of achieving a turnover of USD 26 billionby 2025 in defence production as India cannot remain dependent on arms import forever. The government has taken several steps to support the private sector to boost indigenous defence manufacturing, Singh said after flagging off the 51st K-9 Vajra-T gun at the Larsen and Toubro's (L&T) Armoured Systems Complex at Hazira here in Gujarat. "India cannot remain dependent on arms import. We have set a target of achieving a turnover of USD 26 billionby 2025 in the defence production. This involves an investment of USD 10 billion in this sector and generation of two-three million employment opportunities," he said addressing the gathering. Singh noted that participation of private sector in defence manufacturing was negligible in the past. "The private sector could not perform because of lack of support. This scenario increased our dependence on imports,"
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Asserted that NDA govt is working towards a permanent solution to the seven-decade-old Kashmir issue
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He asserted that security forces were fully prepared to get the urban local body (ULB) polls conducted in the state
The minister said that the region has been facing terror incidents for the past 35 years and security forces were dealing with them effectively
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I am willing to meet anyone who wants to help us in resolving problems of Kashmir, says Rajnath Singh
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Shops and business establishments remained closed due to the strike called by separatist leaders
Rajnath said the government is making efforts to improve the situation in the Valley