Indian Defence and Aerospace

Defence Minister Rajnath Singh has said that the government is further working to expand the Positive Indigenization List of 208 items to 1,000 items. He was speaking at the FICCI’s Annual Convention & 94th AGM on the theme ‘India Beyond 75’ held on Saturday, December 18. “In this decade, we will bring increase the items under the Positive list for Indigenization from current 209 to over 1000. The government now looks at the private industry as their partners and in fulfilling the objective of attaining Atmanirbhar Raksha Utpadan,” Singh said. He emphasized that with the current reforms undertaken by the government, the Indian defence and aerospace sector is likely to reach Rs 5 lakh crore by the year 2047 from the current 85,000 crore.