‘Defence manufacturers must treat expenditure on R&D as an investment’: Rajnath Singh
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Defence Minister Rajnath Singh said on Friday that defence manufacturers must treat expenditure on R&D as an investment.
- ✓He noted that India’s defence exports reached a record ₹38,424 crore in the financial year 2025-26.
- ✓The government now aims to reach ₹50,000 crore in defence exports by the year 2029.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
“Defence manufacturers must treat expenditure on R&D as an investment that strengthens operational preparedness, improves competitiveness and contributes to national security,” Defence Minister Rajnath Singh said on Friday.
Referring to the session’s theme, “Sovereign Capabilities, Contested Frontiers: Accelerating India’s Strategic Autonomy in an Era of Disruption,” Singh said that national security increasingly depends on the country’s ability to design, develop, manufacture and control the technologies and equipment required by its Defence Forces. He expressed confidence that India’s talent pool, young workforce, industrial capabilities and policy support would enable the country to emerge among the world’s leading defence manufacturing nations.
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