Govt Reforms Will Help Achieve A Self-Sustaining Defence Industry Over Next 5-10 Years, Says HAL Chairman

In his letter to the shareholders, Hindustan Aeronautics Chairman and Managing Director C B Ananthakrishnan said India’s annual arms exports will grow to ₹50,000 crore as announced by Defence Minister Rajnath Singh.“Various initiatives of the GoI have given thrust on the indigenization of Defence equipment, to reduce Defence imports as well as dependence on the foreign OEMs,” he added in the
In his letter to the shareholders, Hindustan Aeronautics Chairman and Managing Director C B Ananthakrishnan said India’s annual arms exports will grow to ₹50,000 crore as announced by Defence Minister Rajnath Singh.“Various initiatives of the GoI have given thrust on the indigenization of Defence equipment, to reduce Defence imports as well as dependence on the foreign OEMs,” he added in the
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