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‘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
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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.
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