Independence Day 2024: 'India Emerging as a Defense Manufacturing Hub,' Says PM Modi | ABP News
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View In AppPrime Minister Modi emphasized the significant shift in India's defense sector, noting that in the past, a substantial portion of the defense budget was spent on purchasing weapons and equipment from foreign countries. This heavy reliance on imports meant that India was dependent on other nations for its defense needs, which not only drained the national budget but also limited the country's strategic autonomy. However, PM Modi highlighted that this scenario has drastically changed in recent years. He proudly stated that India is now on the path to becoming self-reliant in the defense sector, a transformation that is reshaping the nation's defense capabilities. This journey towards self-reliance, or "Aatmanirbhar Bharat" in defense, is a critical component of the broader vision of making India a global powerhouse. PM Modi pointed out that India has begun manufacturing its own defense equipment, developing indigenous technologies, and building an identity in the global defense industry. This move towards self-sufficiency has not only enhanced India's defense preparedness but also reduced its dependency on foreign suppliers. Furthermore, he emphasized that India is emerging as a major hub for defense manufacturing. With a focus on innovation, research, and development, India is now producing advanced defense technologies and equipment that meet global standards. This transformation is also creating opportunities for collaboration with other countries, as India looks to export its defense products to the global market. PM Modi's remarks reflect a broader strategy to strengthen India's defense sector by building domestic capabilities, fostering innovation, and reducing dependency on imports. This shift is not only a matter of national pride but also a strategic necessity, ensuring that India can defend its sovereignty with homegrown resources.