Sanjay Seth: The Role of MSMEs and Start-Ups in Strengthening India's Defence
Synopsis
Key Takeaways
New Delhi, March 20 (NationPress) The Minister of State for Defence, Sanjay Seth, emphasized that MSMEs and start-ups are integral to bolstering India's defence capabilities and protecting national interests during his address on Friday.
The National Defence Industries Conclave (NDIC) 2026 wrapped up in the capital after two days of in-depth discussions focused on advanced manufacturing technologies and increasing industry involvement in defence production.
In his closing remarks, Seth pointed out that MSMEs, start-ups, and innovators are becoming vital players in India's defence landscape.
“Their increasing participation is pivotal in enhancing the armed forces' capabilities and shielding the nation from evolving security threats,” he stated.
The conclave, organized by the Department of Defence Production, united a diverse group of stakeholders from the defence industry, including MSMEs, Defence Public Sector Undertakings, private enterprises, policymakers, and academic institutions.
Topics of discussion revolved around strengthening India's manufacturing foundation and expediting the adoption of cutting-edge technologies.
Seth referred to MSMEs and start-ups as the “brand ambassadors of innovation,” asserting their crucial role in realizing the vision of Aatmanirbhar Bharat and positioning India as a global hub for defence manufacturing, as outlined by Prime Minister Narendra Modi.
He expressed optimism that India will meet its ambitious goals of achieving Rs 50,000 crore in defence exports and Rs 3 lakh crore in defence production by 2030.
Seth also highlighted the unprecedented allocation of Rs 7.85 lakh crore to the defence ministry in the Union Budget for 2026-27, viewing it as a significant opportunity for industry stakeholders, particularly smaller firms and innovators.
During the event, Secretary of Defence Production, Sanjeev Kumar, remarked that the conclave created a platform for direct collaboration between the industry, government, and academia.
“The dialogues facilitated the identification of technology gaps, collaboration opportunities, and strategies to enhance supply chains within the defence sector,” he added.
The event included various sessions on crucial topics such as artillery systems, naval technologies, armoured vehicles, advanced materials, missile systems, and defence maintenance.