India  

Rajnath Singh hails ‘Atmanirbhar’ vision after India bans import of 101 items

Video Credit: HT Digital Content - Duration: 05:18s - Published
Rajnath Singh hails ‘Atmanirbhar’ vision after India bans import of 101 items

Rajnath Singh hails ‘Atmanirbhar’ vision after India bans import of 101 items

Union Defence Minister Rajnath Singh spoke on Prime Minister Narendra Modi’s 'Aatmanirbhar Bharat’ vision.

Singh said 'we can save large proportion of money by producing in India'.

He inaugurated new projects as part of ‘Atmanirbhar Bharat Week’ celebrations.

"PM Modi’s vision is one to boost our self-confidence.

We can’t build self-confidence while relying on others.

We can’t bring India among top 3 economies if we rely on others.

We can save a large proportion of money if we produce in India.

We can use the money to boost MSMEs related to Defence industry," the Defence Minister said.

Singh on Sunday announced a ban on import of 101 items including weapons.

Import of transport aircraft, light combat helicopters, others to be stopped by 2024.

Step taken to boost India’s domestic defence industry.

The step is in tune with government’s ‘Atmanirbhar Bharat’ initiative.

Defence Expert Major General (Retd) Asthana welcomed the step.

Asthana said, "No country can be military power unless its self reliant in defence industry.

Decision to put ban on 101 items is a first major step towards self-reliance.

Importing is costly, you pay in dollars, it can be choked anytime.

For Make in India, it cannot be only government or private players.

R&D Defence is very costly for private player, investment is risky.

Now, certain money has been allocated & collaboration has been accepted.

Indian industry can now find a partner with R&D base & manufacture in India.


You Might Like


Related videos from verified sources

'No greater satisfaction...': Gen Bipin Rawat on using Indian weapons in war [Video]

'No greater satisfaction...': Gen Bipin Rawat on using Indian weapons in war

Chief of Defence Staff (CDS) General Bipin Rawat on Thursday said that the armed forces are committed to support Atmanirbhar Bharat mission. Nothing will give the armed forces greater satisfaction than..

Credit: HT Digital Content     Duration: 02:09Published
‘India’s self-reliance in defence sector to boost global standing’: PM Modi [Video]

‘India’s self-reliance in defence sector to boost global standing’: PM Modi

Prime Minister Narendra Modi said on Thursday that his government's resolve for 'Aatmanirbhar Bharat' is not inward-looking, but aimed at boosting India's capabilities and global peace, and also for..

Credit: HT Digital Content     Duration: 14:42Published
India will not only achieve 'Make in India' but also 'Make for World': Defence Minister [Video]

India will not only achieve 'Make in India' but also 'Make for World': Defence Minister

Defence Minister Rajnath Singh at a Defence industry outreach webinar said that India will not only reach 'Make in India' but also 'Make for World.' Rajnath Singh said, "We want to become self-reliant..

Credit: ANI     Duration: 01:15Published