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India aspires to be $10 trillion economy till 2030-32, contribution of defence sector crucial: Rajnath Singh


India aspires to be $10 trillion economy till 2030-32, contribution of defence sector crucial: Rajnath Singh

New Delhi, Sep 17 (ANI): Union Defence Minister Rajnath Singh attended Society of Indian Defence Manufacturers (SIDM) Programme in Delhi on September 17. He said, "India aspires to be USD 10 trillion economy till 2030-32 for which the contribution of defence sector is crucial.""He further added, "Performance of Indian defence industry has not been commensurate with its potential in past.

A country with such size and global prominence cannot rely on imports for arms. Investment of USD 10 billion and creation of 2.3 million employment opportunities is envisaged."

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