Defence Powering Growth Engine of Indian Economy: Rajnath
Union Minister Rajnath Singh at Aero India Image Credit X.com
Aero India 2025 Is a Confluence of Critical & Frontier Technologies: Rajnath
Web Desk
New Delhi, February 10: Union Minister for Defence Rajnath Singh on Monday said that “Aero India 2025 is a confluence of critical and frontier technologies”. Singh inaugurated the 15th edition of Aero India at the Yelahanka Air Force Station in Bengaluru, Karnataka.
He said that Aero India 2025 will provide a platform to further strengthen relations among like-minded countries based on mutual respect, mutual interest and mutual benefit to deal with today’s uncertainties.
He exuded confidence that Aero India 2025 will showcase the country’s industrial capability and technological advancements to the world. Singh hoped that it will strengthen symbiotic relations with friendly countries.
Lasting peace can only be achieved if nations become stronger together and work for a better world order, he said.
“We often interact as buyers and sellers, where our relations are at a transactional level. However, at another level, we forge our partnership beyond the buyer-seller relationship to the level of Industrial Collaboration,” said Singh.
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He stated that “we have many successful examples of co-production and co-development with like-minded countries. For us, there is no Indian security or Indian peace in isolation.”
“Security, stability and peace are shared constructs that transcend national borders. The presence of our foreign friends is a testimony to the fact that our partners share our vision of One earth, One family, One future,” added Singh.
Singh asserted that India is going through a transformational phase, rapidly moving from a developing to a developed nation. He added that a vibrant and thriving defence industry ecosystem has been created.
He stressed that the defence industrial sector, which was earlier not viewed as a component of national economy, has today been fully integrated with the overall economy. The sector is now a motor, powering the growth engine of the Indian economy, he said.
Singh stated that the record allocation of ₹6.81 lakh crore to Ministry of Defence in Union Budget 2025-26, including ₹1.80 lakh crore for capital acquisition, is a proof that the Government considers defence as a top-priority sector.
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He added that like the previous budget, 75% of modernisation budget has been reserved for procurement through domestic sources with an aim to widen and deepen the capabilities of India’s Defence Industrial Complex.
Shedding light on the accomplishments achieved from the last Aero India, Singh stated that a number of high-tech products such as Astra Missile, New Generation Akash Missile, Autonomous Underwater Vehicle, Unmanned Surface Vessel, Pinaka Guided Rocket are being manufactured within the country.
He voiced the Government’s unwavering resolve to surpass the ₹1.27 lakh crore defence production and ₹21,000 crore defence exports figures in coming years.
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