Defence Minister Rajnath Singh on Friday said the government is committed to make the country self-reliant in the defence sector and has already taken several steps in this direction.
Addressing industry representatives in Chhatrapati Sambhajinagar in Maharasthra, Singh said defence exports have risen from ₹600 crore in 2014 to ₹24,000 crore.
“Our target is to achieve (exports of)
₹50,000 crore by 2029-30,” he said.
The BJP-led government has taken several major steps to achieve self-reliance and declared items that will be indigenously manufactured and not imported, he noted.
The defence production is at ₹1.60 lakh crore at present and the aim is to increase it to ₹3 lakh crore, the minister said.
He sees good potential in Chhatrapati Sambhajinagar as a production hub, Singh said, adding, “You have a mature industrial ecosystem here. Come to me with concrete proposals.”
