Bengaluru, Feb 10 (NationPress) During the inauguration of Asia’s largest five-day air show -- Aero India 2025 -- Defence Minister Rajnath Singh proclaimed that India has established itself as a preferred global hub for aerospace components and intricate system assembly.

He pointed out that the nation is in the midst of a transformative journey towards becoming a developed country. “From physical and digital infrastructure to the startup ecosystem, industrial support base, MSMEs, and innovation, India has made significant strides,” he remarked.

Singh highlighted the swift progress in the defense sector, stating, “A surge of innovation is underway. Our research and development, MSMEs, scientists, and engineers are not only providing India with a competitive advantage but are also achieving world-class standards.”

He attributed this advancement to a well-defined strategic plan established by Prime Minister Narendra Modi’s government. “India's flourishing defense industry ecosystem is a result of thoughtfully crafted policies and reforms,” he observed.

Previously, the defense sector was primarily regarded as a necessity for national security rather than a significant contributor to the economy. However, Singh highlighted that the past decade has seen a major shift. “We have elevated the defense industry to be on par with agriculture, infrastructure, and manufacturing, integrating it into the larger economy,” he asserted.

He noted the increasing budget allocations for defense, stating, “For the financial year 2025-26, a historic Rs 6.81 lakh crore has been allocated, reflecting a 9.53 percent increase compared to the previous year. The defense capital budget has also surged to Rs 1.80 lakh crore.”

Additionally, he emphasized India’s dedication to self-reliance. “Seventy-five percent of the defense modernization budget is allocated for domestically produced equipment, enhancing indigenous capabilities. Through various initiatives, we are fostering private sector involvement, and Defence Public Sector Undertakings (DPSUs) are experiencing unprecedented expansion.”

Highlighting recent milestones, including HAL receiving ‘Maharatna’ status, Singh stated, “This recognition places HAL among India's top PSUs, a source of immense pride. Our defense manufacturers, in partnership with private entities, are propelling the sector forward,” referencing the Tata Advanced Systems and Indian Air Force collaboration for C-295 aircraft production in Gujarat.

Bengaluru, the host city for Aero India 2025, continues to be a key player in aerospace and defense innovation. “Often referred to as the ‘Silicon Valley of India’ due to its robust software sector, Bengaluru is also becoming a powerhouse for aerospace, playing a vital role in the production of fighter jets, helicopters, radars, drones, and electronic warfare systems,” he noted.

Singh pointed out India’s expanding capabilities, mentioning recent advancements such as the ‘Astra’ and new-generation Akash missiles, autonomous underwater vehicles, unmanned surface vessels, and the Pinaka-guided rocket system. “Since the last Aero India, we have made significant progress, and I am confident that our development pace will quicken in the upcoming years.”

Over the last decade, India's defense manufacturing output has reached a record Rs 1.25 lakh crore, with exports surpassing Rs 21,000 crore for the first time. “We are committed to further enhancing these figures,” he added.

Singh underscored the importance of increased private sector participation. “In many developed countries, private industries lead the defense sector. It is time for India's private sector to assume a similar role in defense production.”

He concluded by designating 2025 as a year of reforms in the defense sector. “This is not just a slogan -- it reflects our commitment. The decision-making process will include all stakeholders, including the armed forces and DPSUs. We welcome input from all sectors,” he said.

With Aero India 2025 showcasing India's burgeoning aerospace and defense capabilities, Singh’s address highlighted the nation's resolve to become a global leader in this vital sector.