Govt committed to achieve target of 26 billion dollar in defence industry by 2025: Rajnath Singh

By S M Last updated Nov 19, 2019

Union Home Minister Rajnath Singh during the budget session of Parliament in New Delhi on Friday. Express Photo by Prem Nath Pandey. 09.02.2018. *** Local Caption *** Union Home Minister Rajnath Singh during the budget session of Parliament in New Delhi on Friday. Express Photo by Prem Nath Pandey. 09.02.2018.

Defence Minister Rajnath Singh reiterated the government’s commitment to achieve 26 billion dollar defence industry by 2025. Mr Singh was speaking at a business seminar ‘India Rising’, organised by the Indian Chamber of Commerce in Bangkok, Thailand yesterday.

Mr Singh said India’s defence exports have grown almost six-fold in the last two years. The Minister said a 10-billion dollar investment in aerospace and defence goods and services is expected by 2025, which could provide employment to 20 to 30 lakh people.

Rajnath Singh also addressed the 6th ASEAN Defence Ministers’ Meeting Plus.