India’s defence exports in past seven years have crossed ₹38,000 crore: Rajnath Singh
The Hindu
The Defence Minister urged the MSMEs to invest more in research and development as it would help strengthen the nation’s security.
India has exported defence items worth more than ₹38,000 crore in the past seven years and the country hopes to become an overall net exporter soon, Defence Minister Rajnath Singh said on December 4.
“We have an estimated ₹85,000 crore industry of aerospace and defence. The contribution of the private sector in this has increased to ₹18,000 crore,” he said in his speech at the MSME conclave of the Society of Indian Defence Manufacturers (SIDM).
Mr. Singh urged the MSMEs to invest more in research and development as it would help strengthen the nation’s security.
Everyone talks about the Airport Metro, but one look at the pillars and completion seems nowhere in sight. Meanwhile, a faster, cheaper, roomier alternative called the Suburban Rail Airport Corridor is finally getting off the drawing board. This dedicated corridor with its specialised coaches will link the airport to vast stretches of Bengaluru, where the metro connection is still years away.