Gautam adani fired a shot in Kanpur!
adani Group Chairman gautam adani visited the adani Defense and Aerospace site in Kanpur. After this visit, he posted on X saying that he was inspired by the great innovation of the adani team and their "unwavering commitment" to self-reliance in India's defense sector. He wrote, "A great example of self-reliant India! Our goal is to continue to cross the boundaries to build a strong and self-reliant India."
To reduce dependence on military imports
india dreams of being among the top 5 countries in the world in the field of defense and aerospace. For this, the country has taken steps to reduce dependence on military imports, promote defense production through indigenous private defense companies and develop advanced infrastructure.
All this is for those heroes who dedicate their lives to the security of the nation. adani Defence and Aerospace has entered the field of defence and aerospace production to make india a hub of world-class defence and aerospace production. This initiative is fully aligned with the objectives of 'Make in India'.
Self-reliance in the defence sector
The government has initiated several policy measures and reforms to promote indigenous design, development and production of defence equipment. This has given impetus to self-reliance in defence production. Huge investments are being made in defence and aerospace production, and several defence hubs have been set up. Also, many global companies have expressed their desire to share critical defence and aerospace knowledge with India.
India's defence exports have touched a record figure of Rs 21,083 crore (about $2.63 billion) in the financial year 2023-24, up 32.5% from Rs 15,920 crore in the previous financial year. It is worth noting that defence exports have increased 31 times in the last decade. At the same time, the total value of defence production in india has also increased by 17% in the last financial year to Rs 1,26,887 crore.
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