‘Make In India' In Defence Key To Modi's $5 Trillion Economy Dream
Businessworld|October 26, 2019
Indian defence and global diplomatic honchos exchange ideas at the Indian Defence and Aerospace Summit 2019
‘Make In India' In Defence Key To Modi's $5 Trillion Economy Dream

Defence Minister Rajnath Singh and the Chiefs of the three Armed Forces have a road map ready to realise Prime Minister Narendra Modi’s vision to make India a $5 trillion economy by 2024 and that can be made possible by “Make-in-India” in the defence sector.

The “Indian Defence and Aerospace Summit 2019” organised by NewsX and The Sunday Guardian (iTV Network) at The Lalit hotel in the national capital on October 19, provided the perfect platform for Indian defence and global diplomatic sectors’ top names to interact on various issues related to defence and aerospace. Welcoming the guests, Kartikeya Sharma, Founder and Promoter of iTV Network, said that he was delighted to be part of a platform that brought together key players in the field from across the globe to deliberate on issues as important as defence and aerospace.

Rajnath Singh, Minister of Defence said, “Security of any country is of prime importance for the development of the nation. If the borders of the countries are not secured, if there is no internal peace, then the dream of development would be a far-fetched one.” Singh emphasised on promoting domestic industries in the Defence sector. He said that the Defence sector will play a key role in achieving the target of a $5 trillion economy by 2024.

This story is from the October 26, 2019 edition of Businessworld.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the October 26, 2019 edition of Businessworld.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BUSINESSWORLDView All
The Astrology Cryptocurrency Of In New Financial Year
BW Businessworld

The Astrology Cryptocurrency Of In New Financial Year

Whether you're a seasoned investment enthusiast or just starting out on your financial journey, Vedic astrology can be beneficial, especially in markets as volatile as the crypto sphere

time-read
3 mins  |
April 20, 2024
KRISHNA CONSCIOUSNESS
BW Businessworld

KRISHNA CONSCIOUSNESS

The reader can almost feel that the mortal journey of Krishna has ended, yet Krishna Consciousness has manifested again as Keshav. Krishna-the Seventh Sense reveals the continuity of existence, notwithstanding the limitation of the one who exists. This book is a treasure

time-read
1 min  |
April 20, 2024
Recreating The Maruti Moment In EVs
BW Businessworld

Recreating The Maruti Moment In EVs

SAJJAN JINDAL on the joint venture with MG Motor, electric mobility, charging infrastructure and more

time-read
2 mins  |
April 20, 2024
Sustainable Models of Support for Women Entrepreneurs in India
BW Businessworld

Sustainable Models of Support for Women Entrepreneurs in India

Personal one-on-one mentorship is a key intervention that is most required amongst MSMEs and young startup founders today

time-read
1 min  |
April 20, 2024
ELEVATED ROAD TO SUCCESS
BW Businessworld

ELEVATED ROAD TO SUCCESS

Honda Cars India is exporting 'Made in India' cars back to Japan showcasing India as a strong manufacturing hub for Honda sedans and SUVs. What is its game plan?

time-read
4 mins  |
April 20, 2024
HOW HINDUJA GROUP'S BID TO ACQUIRE RELIANCE CAPITAL VIOLATES INDIA'S FDI, INSURANCE NORMS
BW Businessworld

HOW HINDUJA GROUP'S BID TO ACQUIRE RELIANCE CAPITAL VIOLATES INDIA'S FDI, INSURANCE NORMS

The bid structure has come into question with the insurance regulator pointing out that it not just allows Hinduja Group-backed foreign entities to own 100 per cent in Reliance Capital’s insurance business but also lets them bid on borrowed money in total disregard of Indian laws and norms

time-read
8 mins  |
April 20, 2024
Taking Astrology To The Masses
BW Businessworld

Taking Astrology To The Masses

Driven by profound fascination and belief in the cosmic intricacies, Rajeev Bhandari, Founder, AstroSagga is on a mission to offer affordable courses to fuel employment in astrology sector

time-read
2 mins  |
April 20, 2024
"My Mission Is To Make Temples Across India Better"
BW Businessworld

"My Mission Is To Make Temples Across India Better"

Sharad Kamath, Founder and CEO, 3ioNetra identified the need fora comprehensive software solution to address the complex billing and accounting needs of temples based on his experiences as avolunteer and organiser at religious functions

time-read
2 mins  |
April 20, 2024
A Conduit Between Spiritual and Tech Realms
BW Businessworld

A Conduit Between Spiritual and Tech Realms

In November 2023, Vama secured a Seed Plus round led by Wavemaker Partners, bringing its total funding to USS 2.8 million

time-read
2 mins  |
April 20, 2024
"AI Will Catalyse Hockey Stick Growth Of Astro Sector In India"
BW Businessworld

"AI Will Catalyse Hockey Stick Growth Of Astro Sector In India"

The current faithtech landscape in India leans heavily towards entertainment, says Punit Pandey, Founder, AstroSage and believes the key lies in shifting the revenue model from entertainment to trust

time-read
1 min  |
April 20, 2024