How does the self-reliance push in Indian defense industry benefit the country
Rajnath Singh highlights how self-reliance is driving the Indian defense industry
- Boosts national security: Self-reliance in defense industry reduces reliance on foreign countries for military equipment, ensuring consistent supply during emergencies.
- Technology advancement: Investing in indigenous defense production leads to technological advancements, promoting innovation and expertise in defense technologies.
- Job creation: Developing a self-reliant defense industry creates employment opportunities, contributing to economic growth and skill development.
- Cost-effectiveness: Producing defense equipment domestically reduces the cost of imports and saves foreign exchange reserves.
- Strategic autonomy: Being self-reliant in defense strengthens India's strategic autonomy and reduces vulnerabilities in times of geopolitical tensions.
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