New Delhi: Defence Minister Rajnath Singh said on Tuesday that India is entering a transformative phase of defence innovation, driven by young entrepreneurs and innovators who are integrating strategic thinking, technological advancement, and economic strength.
While addressing start-ups, MSMEs, academic institutions, industry leaders, and venture capital firms during the fourth edition of the Indian Navy’s Swavlamban seminar in New Delhi, he said: “India is stepping into a transformative phase of defence innovation, powered by young entrepreneurs and innovators who are combining strategic vision, technological progress, and economic capability.”
He highlighted that India must stay ahead, be prepared for the future, and avoid a reactive stance in a fast-changing global environment, according to a PIB release. He acknowledged innovators for developing breakthrough solutions and helping India evolve from a buyer to a creator, builder, and global contributor.
The minister emphasised that India’s momentum toward indigenisation is driven not only by supportive policies but also by the dedication of all stakeholders. He stated that India is progressing rapidly toward becoming a technology exporter. “India’s rise as a maritime power is shaped by the contributions of our innovators alongside the Navy,” he added.
Discussing emerging trends in defence and national security, Rajnath Singh encouraged the private sector to follow a profit-plus mindset by creating platforms and systems that inspire global confidence in India. “Profit-plus means financial gains along with nationalism, responsibility, and duty. This work must go beyond conventional business – it should be viewed as a national mission. The private industry must accelerate its leadership in manufacturing, innovation, design, and technology with national priorities at the forefront,” he said.
He further called on private manufacturers to work toward contributing 50% or more to India’s defence production in the coming years.
