defence minister Rajnath Singh said on Sunday, a day before the flagship AeroIndia show that will see the rare presence of two operational 5th gen fighter aircraft — the F35 from US and Su57 from Russia.
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«Advanced platforms like LCA Tejas, LCH Prachand, and C295 are now being produced in India. Additionally, we have taken a firm resolve to manufacture 5th generation fighter aircraft within the country. These achievements, which once seemed unimaginable, are now turning into reality,» Singh said at a curtain raiser for the air show.
He added that domestic defence production that has surpassed ₹1.27 lakh crore in the current financial year is expected to cross ₹1.6 lakh crore by next year, with exports zooming to ₹30,000 crore. While domestic production has boomed, key projects like the fifth generation advanced medium combat aircraft are in the development stage, with a large expected participation of the private sector.
«We have worked to empower the private sector in the defence and aerospace industries. We have achieved unprecedented success. Today, India has a thriving private defence industry that has firmly established itself and is making significant contributions to our national security,» he said.
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