Is the Government Creating a Level-Playing Field to Boost Domestic Defence Manufacturing?
Synopsis
Key Takeaways
- Government initiatives aim to boost domestic defence manufacturing.
- Operation Sindoor showcased India's indigenous military capabilities.
- Defence production has significantly increased since 2014.
- Private sector contribution is essential for future growth.
- Indigenisation is key to national security.
New Delhi, Oct 27 (NationPress) Under the leadership of Prime Minister Narendra Modi, the government is establishing a level-playing field to bolster defence manufacturing and fortify the domestic ecosystem, encouraging the industry to seize this opportunity, stated Defence Minister Rajnath Singh on Monday.
"The proficient deployment of ‘Made-in-India’ equipment by the Armed Forces during Operation Sindoor has significantly enhanced India's standing both regionally and globally," Rajnath Singh remarked, calling on the domestic industry, particularly the private sector, to expedite the journey towards self-reliance by emphasizing innovation and R&D.
Speaking at a Society of Indian Defence Manufacturers (SIDM) event, he highlighted the global exhibition of the Akash missile system, BrahMos, AkashTeer Air Defence Control System, and other indigenous platforms during Operation Sindoor, crediting the operation's success to the valor of the armed forces and the “Industry warriors” who pioneered in innovation, design, and manufacturing.
"While we delivered a decisive response with unwavering determination and our forces are thoroughly prepared to safeguard the nation's borders, we must engage in continuous introspection. Operation Sindoor should serve as a learning case study to inform our future strategies," the Defence Minister stressed.
"This event has once again illustrated that anything can transpire at our borders, at any time. We must be equipped for a potential war-like scenario, with our preparedness grounded in our capabilities," he stated.
The current global uncertainties necessitate a thorough evaluation of every sector, with indigenisation being the sole path to address the challenges posed by the continuously evolving defence landscape and warfare dynamics, Rajnath Singh pointed out.
"The established global order is weakening, and conflict zones are proliferating in various regions. Thus, it is crucial for India to redefine its security and strategy," he remarked.
"Our defence production, which was merely around Rs 46,000 crore in 2014, has surged to an unprecedented Rs 1.51 lakh crore, with Rs 33,000 crore originating from the private sector. Our defence exports, which were below Rs 1,000 crore a decade ago, have skyrocketed to approximately Rs 24,000 crore," the minister noted.
He projected that defence exports are expected to reach Rs 30,000 crore by March 2026.
"We recently unveiled the Defence Procurement Manual 2025, and revisions to the Defence Acquisition Procedure 2020 are underway," he mentioned, urging the private sector to elevate its contribution to domestic defence manufacturing from the current approximate 25% to at least 50% within the next three years.