Defence Industry

Defence News India Latest: Public-Private Partnership Can Bring "Production Revolution" in Defence

Defence News India Latest: government has developed a collaborative environment to guarantee that the armed services are modernized in the fast ...

Editorial Staff

Defence News India Latest: Public-Private Partnership Can Bring "Production Revolution" in Defence

Defence News India Latest : Defence Minister Rajnath Singh said on Tuesday that the government has developed a collaborative environment to guarantee that the armed services are modernized in the fast changing global security environment. He stated that public-private partnerships may create a "Defense Production Revolution" and assist realize the goal of "Aatmanirbhar Bharat (self-reliant India)" in his presentation to the Society of Indian Defence Manufacturers (SIDM) annual conference. “Through a strategic partnership approach that will enable our private businesses grow into global behemoths in the years ahead. One example is the recent deal for 56 transport aircraft with the Indian Air Force,” he added. Defence exports have surpassed the $38,000 crore barrier in the previous seven years, according to Singh. He claimed that over 10,000 SME's had entered the defense industry, and that research and development, start-ups, innovation, and employment have all incr…

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