We are providing Made in India defence equipments & services to more than 75 countries: PM Modi

New Delhi: Prime Minister Narendra Modi is addressing a webinar on the Defense Sector after the budget. In the Union Budget 2022-23 related to the Ministry of Defense, emphasis has been laid on further strengthening self-reliance in the defense sector.

India has increased defence exports by six times: PM Modi

Addressing the webinar, Prime Minister Modi said that even during the period of slavery and immediately after independence, the strength of our defense manufacturing was very high. Weapons made in India played a big role in the Second World War. He said that in the last few years, the self-reliance that India is emphasizing in its defense sector, you will see its commitment in this year's budget.

Speaking on how the Budget will help further self-reliance in defence sector. https://t.co/aKGy6q2tCU

— Narendra Modi (@narendramodi) February 25, 2022

PM Modi said, 'This year's budget has a blueprint for developing a vibrant ecosystem within the country from research, design and development to manufacturing. About 70 percent of the defense budget has been kept for domestic industry only. That is our great strength. The more we use this power in our defense sector, the more we will be confident in our security. As cyber security is no longer limited to the digital world only. It has also become a matter of national security.

PM Modi said, 'When we bring weapons and weapons from outside, its process is so long that by the time they reach our security forces, many of them are out of date. Its solution is also in self-reliant India campaign and Make in India. He told that last year we had formed 7 new Defense Public Undertakings. Today they are expanding business rapidly, reaching new markets. It is also very pleasant that in the last 5-6 years, we have increased defense exports 6 times. New industrial licenses have been issued. Whereas in the fourteen years from 2001 to 2014, only 200 licenses were issued.

The PM said, 'During the British rule and even after independence, our defense manufacturing capacity was very high. Weapons made in India also played a big role in World War-2. However, its strength weakened in later years. This shows that there has never been any dearth of capabilities in India.

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