Blitz Bureau
NEW DELHI: The defence exports reached a record over Rs 38,000 crore, up from Rs 686 crore in FY 2013-14, underlining the global confidence in India as a major defence manufacturer, Defence Minister Rajnath Singh said on July 4.
On the other hand, “India’s journey over the last 12 years has been a progression from shortages to self-reliance, from self-reliance to self-confidence, and from self-confidence towards building a Viksit Bharat,” said Rajnath Singh while addressing a media event here.
In its third term, the government is laying a strong foundation for Viksit Bharat through the policy of “Reform, Perform, Transform,” exuding confidence that the world will witness the rise of a developed India in the fourth term.
Rajnath said that when ‘Make-in-India’ was launched in 2014, certain quarters labelled it as a failure, but the scheme set new benchmarks of success and is continuing to do so even today.
“There has been a transformational change in India’s global stature. While the world earlier paid little heed to our voice, today it listens attentively to India’s perspective on global issues,” he said.
Rajnath further stated that despite early scepticism on India Semiconductor Mission launched in 2021, the nation produced its own semiconductor chips last year due to the establishment of semiconductor parks based on the ‘plug-and-play’ infrastructure model.
He highlighted India’s significant growth in manufacturing and technology, citing the expansion of mobile manufacturing, automobile exports, indigenous locomotive production, and digital infrastructure under Make-in-India.
