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Tag: Defence Public Sector Undertakings

Defence PSUs told to reduce dependence on imports

Posted on September 1, 2026 By admin
Defence PSUs told to reduce dependence on imports

Union Defence Minister Rajnath Singh on Tuesday (September 1, 2026) reviewed the annual performance of all 16 defence Public Sector Undertakings (PSUs). In a meeting, the Minister called upon the defence PSUs to reduce import dependence, strengthen research and development, ensure timely delivery of major projects, and transform themselves into globally competitive defence companies, the…

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India now among top 25 arms exporter nations: Economic Survey 2023-2024

Posted on July 22, 2024 By admin
India now among top 25 arms exporter nations: Economic Survey 2023-2024

Image for representational purposes only. | Photo Credit: The Hindu India has transitioned from being an arms importer and found a place in the list of top 25 arms exporter nations, the Economic Survey revealed on Monday. Between 2015 and 2019, India held the distinction of being the world’s second-largest arms importer, but the narrative…

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