You are here: Home » Economy & Policy » News
Business Standard

India's second defence innovation hub to come up in Maharashtra's Nashik

MoS Defence Subhash Bharme said the Ministry of Defence had set a target of making the country among the top five arms exporters by 2025

Press Trust of India  |  Nashik 

Subhash Bhamre, MoS for Defence
Subhash Bhamre

in will be the site of the country's second defence innovation hub after in Tamil Nadu, Union of State for Defence Bhamre said.

He was speaking at a defence industry stakeholders meeting Thursday in Ojhar town here.

He said the defence innovation hub at will help local industries and entrepreneurs and further the Centre's Make in push in the country's defence sector.

He informed the gathering the had set a target of making the country among the top five arms exporters by 2025.

By then, he added, the plan was to achieve annual arms exports of Rs 35,000 crore.

Among those who were present at the function were Water Resources Girish Mahajan, Ajay Kumar, Secretary, Defence Production, VR Chaudhari and HAL chairman-managing

First Published: Fri, January 18 2019. 10:45 IST
RECOMMENDED FOR YOU