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Tap our defence ecosystem to meet global challenges: Rajnath to CEOs

Business Standard LogoBusiness Standard13h ago

Tap our defence ecosystem to meet global challenges: Rajnath to CEOs - Business Standard

Quick Summary:

The defence minister also outlined the transformative steps taken by the government to position the domestic defence industry as a key pillar of the national economy and support India’s transition from a developing to a developed nation by 2047.

A total of 46 joint ventures and companies have been given foreign investment approval in the defence sector to date," he said.

At the roundtable, the defence minister highlighted that over 250 memorandums of understanding (MoUs) have been signed so far for setting up industrial units in the Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 20:58:19 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 898 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26033589

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 284 posts per day

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News Last Updated: 2 hours ago

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