Defence Minister Rajnath Singh on Sunday said that new India no more tolerant to ‘let it be’ mindset and believes firmly in ‘let's do it’ approach”
Singh has said that the Government is developing a strong base of domestic defence industrial ecosystem to make India a strategic economy.
Addressing the 21st convocation ceremony of Tezpur University on December 31, 2023 at Tezpur, Raksha Mantri said, the ministry is making all efforts to achieve the target of becoming self-reliant in the defence sector.
Singh stressed that for the first time, the import of arms was restricted.
“We issued five positive indigenization lists, under which 509 such defence equipment have been identified, whose manufacturing will now be done indigenously. In addition, we have also issued 4 positive indigenization lists of Defence Public Sector Undertakings, in which 4,666 items have been identified which will now be manufactured in our country.
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Underscoring the government's focus on domestic defence manufacturing, he quoted that for the first time, the production has crossed the record figure of Rs. One Lakh Crore.
“The total value of India's defence exports, which was Rs 1,521 crore in 2016-17, has increased almost 10 times to reach a record level of Rs 15,920 crore in 2022-23,” he stated.
Singh elaborated on the proactive attitude of the present government in tackling any situation, which has replaced the crisis of credibility with a culture of confidence. “India is no more tolerant of the “let-it-be” approach.