Rajnath Singh, the Defence Minister, aims to boost military exports to Rs 50,000 crore annually under the 'Make in India' initiative. He plans to fast-track defence production schemes and enhance indigenous research and development. The ministry is set to establish a new defence export promotion agency to facilitate arms sales to countries like the Philippines, Vietnam, and Armenia. Singh emphasizes equipping the armed forces with advanced weapons for national security and self-reliance in defence manufacturing.
