HomeIndian Defence IndustryIndia’s arms imports declined significantly in last 4-5 years: J-K L-G

India’s arms imports declined significantly in last 4-5 years: J-K L-G


With India’s arms imports reducing significantly in the last four to five years and defence exports reaching an all-time high in the last financial year, it shows the Union government’s commitment to innovation and Indigenous technology development, Jammu and Kashmir Lieutenant Governor Manoj Sinha said.

Sinha made the remarks while attending the North-Tech Symposium-2023 held on the Jagti Campus of IIT on the outskirts of Jammu. He attended the event along with Chief of Defence Staff (CDS) Gen Anil Chauhan.

The Lt Governor congratulated the Northern Command, Society of Indian Defence Manufacturers (SIDM) and IIT Jammu for jointly hosting hundreds of industries and defence tech startups.

“It is a proud moment for the academia as for the first time since its inception North-Tech Symposium, defence expo is being held in IIT Jammu,” the Lt Governor said.

He said that the three-day event will showcase cutting-edge technological advancements of the Indian Army and forge a synergy between the army, industry, and academia in research, development, and innovation in defence technologies.

Sinha also highlighted India’s emergence as a defence exporter and its self-reliance in defence production.

“Under the leadership of Prime Minister Narendra Modi, the country has witnessed a major push for Aatmanirbharta in defence. We are a responsible space power and have shown our strategic strength,” the Lt Governor said.

The launch of INS Vikrant last year vindicated the country’s resolve to develop indigenous capabilities, he said.

“Our arms imports have reduced significantly in the last 4-5 years and defence exports reached an all-time high in the last financial year. It shows our commitment to innovation and Indigenous technology development,” he said.

Sinha said that the Centre has set the target of achieving 70 per cent self-reliance in weaponry by 2027, which is providing unlimited opportunities for private industries, MSMEs, and tech startups to build.

PTI



Source link
#Indias #arms #imports #declined #significantly #years

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Aatmanirbhar Bharat

All

US Senator’s Bill proposes limited exemption for India under Caatsa

US Republican Senator Marco Rubio has introduced a bill that provides a limited exemption for India from Countering America's Adversaries Through Sanctions Act for...

Defence building light tank for Army, first prototype realised: Govt on Proj ‘Zorawar’

New Delhi: The defence ministry is working on developing a light tank for the Indian Army for deployment at high-altitude area of the country,...

AMCA 5th Generation Stealth Fighter Updates

AMCA to be integrated with sophisticated indigenous Distributed Aperture System (DAS) that making it a formidable air asset for the Indian Air Force

Source : IgMp Bureau India’s Advanced Medium Combat Aircraft (AMCA) is on the brink of a revolutionary transformation with the integration of a sophisticated Distributed...

AMCA to incorporate the best features of both 5th and 6th Generation fighters: ADA sources

Source : IgMp Bureau India's strides toward indigenous air dominance receive a substantial boost with the green signal for the Advanced Medium Combat Aircraft (AMCA)...

Most Popular

Recent Comments

Archive Months

Miscellanous

Indian Defence Ministry to install Maya OS for cybersecurity

Source : The New Indian Express Indian Defence Ministry to install Maya OS for cybersecurity New Delhi: Hackers will be faced with Maya should they decide to...

NSCN militant killed, another flees after encounter with Assam Rifles in Arunachal

A hardcore NSCN militant was gunned down in a fierce encounter between the extremists and Assam Rifles troopers in Miao district of Arunachal...

DRDO Test Fires Short Range K-15 SLBM from Dr APJ Abdul Kalam Island in Odisha

Source : Pragativadi DRDO Test Fires Short Range K-15 SLBM from Dr APJ Abdul Kalam Island in Odisha Bhubaneswar: The Defence Research and Development Organisation has test...

Upgraded & battle ready, INS Sindhukirti ready to scan seas: Know all about Indian Navy Kilo-class submarine

Source : News Nine New Delhi: In a bid to counter threats of attacks by Yemen’s Iran-backed Houthis in the vast water bodies, India has deployed...
Visits
error: Content is protected !!