Defense Business and Industry

India aims for Rs 3 lakh crore in defense manufacturing growth.

India is on track to achieve its ambitious Rs 3 lakh crore target for defense manufacturing, as highlighted by Defence Minister Rajnath Singh. He emphasized the critical role of technology, particularly Artificial Intelligence (AI), in enhancing defense capabilities, while addressing concerns about job displacement. Singh reassured that AI is intended to augment human skills rather than replace them, underscoring that technology should serve as a tool to retain human values and ethics. This initiative not only signifies India’s commitment to bolstering its indigenous defense industry but also positions the country as a competitive player in the global defense market, promoting self-reliance and technological advancement in the sector. The emphasis on responsible technology use is crucial for sustainable growth in defense manufacturing.

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