"Our defence sector has improved, our space sector has improved, the successful launch of Chandrayaan and launch of PSLV C23 has put India into the elite club of country," BJP MP and spokesperson Meenakshi Lekhi told reporters here today.
While crediting Narendra Modi government for the successful test firing of AGNI-III ballistic missile, Indian Navy's first Scorpene submarine, first 'made-in-India' nuclear-powered submarine INS Arihant and the first of P15-B stealth destroyers INS Visakhapatnam, she said these were some of the quick completion initiatives undertaken from long pending projects.
She also said while presently over 60 percent of the defence requirements were met by imports, "This will change and the government aims to transform the country into a manufacturing powerhouse and advocates boosting of exports, and incentivise import substitution" she said.
Speaking about the foreign policy decisions which were taken in the past year, Lekhi said under the BJP government the Civil Nuclear Deal was settled with America while Australia and Canada agreed to supply uranium for India's nuclear energy needs and the country led the BRICS bank initiative among others.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
