Why is India's Defence Sector Booming? | Mint Explains | Mint
The video discusses India's booming sector and its shift towards self-reliance in defence equipment. The Indian government has introduced measures to boost investments in the defence sector, including simplification of procurement procedures, provision for government funding of up to 70% of development costs, and an increase in foreign direct investment to 74% through the automatic route. India's focus on indigenous defence equipment is not just a step towards self-reliance but also a statement to the world that it has the capability and expertise to manufacture top-quality weapons. The video also discusses India's growing presence in the global arms market and its ambitious target of achieving defence manufacturing worth Rs 1,75,000 crore ($21.4bn), including defence exports of Rs 35,000 crore ($4.3Bn) by 2024-25.
#indiadefencenews #defencenews #indianarmy #mint
Click here to download the Mint App
livemint.onelink.me/MrDS/p0kx3pdg
This is what you call PROGRESS! Congrats to India. Thank you PM Modi
😄
Modi hain to mumkin hain
All started by Sonia Ji govt
Abey gadhey modi kaha se aaya.. All positive things for modi.. Then blame him for rising prices too.. Mofo
Yeah that's one of the things I like about modi he doesn't hold back in things related to development of country he takes risky decisions which some people may or may not like but stays strong on that for e.g the infrastructure budget of fy23-24 was whooping 120billion dollar, do you think Raul Gandhi have guts to approve this budget he becomes PM rather he will spend union budget in giving freebies to poor people which worth nothing in future except just strengthening his seat of PM
Proud movement as an indian..it happened bcoz. of it's patriotic son sir Narendra Modi and BJP government...Congratlations to DRDO and co...🎉
*moment
Yes. Make in India is succesful in Defence, lot more to achieve.
Surrender drinda modi zindabahg
every one of us prepare LOVES❤❤❤😂😂
ALL credit to nehru for setting up drdo
It’s booming, because Modi is PM. Manmohan was busy serving Sonia.
He was busy in licking Antonia Gandhi's feet
Manmohan Singh Ji was a better FM than a PM. He could've brought changes as PM if Sonia wasn't pulling the strings from behind. Sad to see such visionary leaders made into a mere puppet
@@DwrksiedHe brought economic reforms, he had no political power Sonia was the unofficial PM for ten years still congress deny he was just a poster boy all decision came from high command congi family, numerous scams after scams, terror rampage in mainland, and Pakistan never had an economic crisis during congress rule thanks to their soft corner and back hand support.
@@Dwrksied that bar dancer ruined his reputation.
Answer- modi's atmanirbhar bharat and startup 2 schemes ? Forgot name 2014- defence exports -1700 crores Todays 16,000 crores. 1 lakh crore purchase from indian companies rather than foreign usually
*crore, not "crores"
@@tstcikhthys LMAO dude get a life. Going around correcting grammar everywhere, how jobless are you
All thanks to PM modi who started the Make in India initiative to boost the economy and job opportunities in the nation 💪💪💪
@alphabetsimyou're a blind hating liverandu This rise in defense manufacturing and exports has all happened under modi
our Defense Budget has dropped to less than 2% 😂
@@binod7623lol imagine spending 20% of karnataka GDP on Freebies
@alphabetsimtare maa ki
Half the projects now were started in Manmohan singh era. In 10 years Modi has made nothing new
Crystal blade , AI, quantum computing is our next strategic vision, kudos to pm modiji
Crystal blade is possible very much We need to pivot small sect of diamond growing labs in Surat into this
DRDO has developed single crystal blade tech for jet engines.
@@exurgemars but they are not reliabe
@@bhuvaneshs.k638I think it's already working...When our PM travelled to USA at white House , he gifted lab grown or made diamond green colour to president Biden"a wife
@@anjanikumar8792lmao and who tested it's reliability? You?
All this goes down the drain if BJP isn't re-elected. I am not a BJP supporter and never voted for the BJP ever. I have been following defence for many years now. I am also old enough to know what India was doing in defence industry under various other governments to know that there will be alowown if BJP does not come back to power.
Go vote for BJP this time then.
a big kudos goes to our late Manohar Parrikar. After he left office in 2017, a lot of major Indian defence projects have slowed down due to lack of funding and other absurd reasons.
Same , Maine bhi kabhi bjp ko vote nahi diya,par iss bar dunga😊😊
So, I hope you make the correction in your voting pattern this time. It's not just defence but a whole lot of things where India has made improvements. Railways Infrastructure Roads & Tunnels Highways People,s schemes like Insurance, Pension and Bank Accounts North East Development. railways connectivity LAC infrastructure projects Giving It Back In Equal Measure To Pak and China Abrogation Of Article 370 Ram Mandir Completion More Airports AIMS, Hospitals Defunct Airports Restarted Much Much more. So go ahead and press the Button On The Lotus
Nice strategy, no votes for party which does any good for country.
Thanks to Modi govt for making indian defence sector and indian defence industries a global defense power.
Tejas, our navy destroyers, sukhois were all started before Modi, he did nothing we still don't have any Tejas, or a large navy, he has done nothing
@@Vortex-ot3dg airforce was not willing to take Tejas. UPA put it in the backburner. Modi made it a priority and decided to induct Tejas besides going for upgrades.
Srivastava, all these defence plants are in south india. North India will only sell pakoda in a shop near south indian temple
I Never thought that " Mint " will Ever Show & Say Anything Good about India , Indians & Specially Thinks & Things Mr. PM MODI & his Govt. is doin... If You Indians want to be on Top of the World then You all have to Vote for Mr. PM MODI's party... Now the World Truly Needs India & Indians coz now Our Western People have Started to Understand the Importance of India & Indians... GOD bless India & all You Patriot Indians...
Truth can't be hidden for too long
@@erichhere Vague statements don’t make any sense.
Mint also had to cover the superior guidance by PM Modi in defense that's development.
*defence
Only China and India can provide weopens at less price to different countries . Quality of Indian weopens is better than Chinese weopens. Production of weapons by india for export is just started . More production is required.
印度的戰鬥機會掉下來 火炮會炸膛🤣
I am indian but this the most foolish 😂😂😂 comment you have done.
@128weilun No ccp bot
@@Kem____paalty16 No ccp bot
@@kalki596 bhn k lode i am 100% indian 🤣🤣
Brilliant manoeuvres by the Indian Government in these past few years! Jai Hind! 🇮🇳🇮🇳🇮🇳🇮🇳
buy buy buy 😂
kohli, all these defence plants are in south india. North India will only sell pakoda in a shop near south indian temple
@@adolft_official There is only one nation: INDIA. BHARAT. HINDUSTAN. No North India/South India. Only, INDIA.
Remember back in 2017 when Rahul gandhi was trying to agitate HAL staff by predicting HAL will be soldoff due to losses. He was actually trying to stop Indian defense manufacturing industry..but chamche toh nahi manenge
Rahul Gandhi is not a kind hearted clown as projected in the media. He is a very dangerous man.
On the order of China.
Our defence manufacturing has improved a lot lately because of the govt intervention.The NEGATIVE LIST made by our govt was a master stroke - these items could be easily manufactured at home & another is by DOING AWAY with middle men in defence deals.We are only exporting less sophisticated defence items at present but at least we have made a beginning.Some defence items made in India,like war ships,tanks, helicopters, armoured vehicles, artillary items, missiles etc are worth mentioning.We are FOCUSSING on this crucial sector is itself a GREAT ACHIEVEMENT.
India should build more and more aircraft carriers and submarines
It's not the more and more numbers. It's The Optimum and Minimum deterrence that's required unless and until as an Economy, our country is fully developed plus a Plus Size Economy.
@@user-ho4dh5is4j👍👍👌
with the threat of hypersonic, aircraft carriers are risky.
nah...i dont see the need for another aircraft carrier...you tell me...on whom are you gonna project the power of aircraft?? China? Pakistan?? UAE?? Iran?? Saudi??? these countries Airforce will annihilate an aircraft carrier in 15 minutes!!! Nuclear Submarines...hell yes...we need to build them more and more
This allows for Israel, Russia, France, the US, UK, S. Korea the opportunity to invest in the "made In India" system which means that these countries will still be involved tine the Indian Military Industrial Complex
Defence ties of INDIA around the world are going to stay , improve , progress and strengthen enormously and irresistibly . March Forward INDIA . Sky is the limit .
Modi Hai To Mumkin ❤🙏🙏
HEARTIEST SALUTE ENTIRE ALL TEAM NETWORK'S . JAY HIND .. JAY BHARAT .. SAATH EK LAKSHYA BHED .
I remember when Rahul Ghandhi has you cannot build defense echo system in india
This is the result when country elect a government which has plan for nation's development rathee than development of a family. Those who invested in defence stocks, know exactly how yhe turnaround of indian defence industries is going on. Being an financial analyst, i wilp recommended to add defence stocks in your portfolio for the upcoming 10 years. BDL, BEL, HAL, Cochin shipyard and Mazagaon will given multi fold return
proud moments for every Indian
No Sales. Dismantle old equipment & Build new and solid. 😊 Build Only for India. MADE IN INDIA. 😊
Modi is a visionary & boon to the nation. Very happy to see my nation surges ahead in the world arena. 🇮🇳
Congratulations!!! Progress! Brilliant!!!
Government must kick those DRDO useless officers and appoints actual scientists and engineers 🤬🤬
Keep up the good work MINT.
Bharat Mata Ki Jai, proud of our PM, God Bless Modi Ji 🇮🇳
Largest destroyer types in service: China - Type055 class (13,000 ton, classified as cruisers by the US navy. 6 in operation, 8 under construction and 14 more planned) India - Visakaphatnam class (7,000 ton, basically a Soviet era Kovak class destroyer design. 6 currently in operation with no follow on classes)👈
Lmao, Soviet era Kovak class destroyers came with multi-functional AESA radars? Sophisticated SDRs & AI-based battle management systems? With LRSAMs? Stealthy design? Fool someone else, wumao. Vishakapatnam class is closely comparable to Type 052C PLAN destroyers. As for a follow on class comparable to Type 055, look up Project-18 NGD.
Jane's fighting Ships is apple pie.....you are a pessimistic.........porcine poop pie.0398 days old🤮🤮🤮
Galwan thrashing? Has China forgotten 😂
it is not a competetion, based on economy and need. keep crying.
Don't expect to get any sane answers under this video, it's full of overproud Kumars and Pajjeets.
Remembering NIRDESH project under Shri AK Antony. Meant for designing and building warships. Haven't heard of it since.😢
Great India...from Suriname
Hope the corrupt babus and generals in south block don't scuttle the indigenisation process
I agree that as Indian we have can come a long way but I feel the defence industry in India is still budding and It will take its due course of time to mature and we have to learn from our mistakes And too much push at once in atma nibhar bharat may backfire .. suppose if we ban the import of certain defence equipment like hardcore defence mechanism such as fighter jets which we are procuring from france and europe ..or like nuclear powered submarines which we still are outsourcing will lead to devastated consequences as somewhere there are still emergency procurement of defence good by armed force as still there is a lack of trust in between parties..for example the full fleet of Dhruv helicopter were grounded because of technical glitches...so I think we still need to give time to learn and grow rather than just put pressure on armed forces to procure local ...that might lead to dissatisfaction among senior armed forces leadership
Congress mukt bharat is best for us Bharatiya and Bharat. I mean we could've been 5 trillion economy by now if congress did their job.
Congress did their job. Nehru and other secular parties were left by British to keep India down. They did their job well for 70 years.
@@gauravshah89 nice jokes.. 👏 👏 by the way secularism was added in 80s by smt. Indira Gandhi not during nehru ...
@@Bcool.buddy1234 Continuation of policy matters not some random words added to constitution. Nehru was staunchly anti Hindu in his.policies. so is congress till today. Real threats to British were rotting in kaala pani. Fake threats but in reality close allies like Nehru and Gandhi were given power when British left by themselves. 1947 was transfer of power from British to their Indian friends. Not independence. 2014 is real independence.
@@gauravshah89 konsa sah mental hospital seh baag k aye ho ya konsa psychological therapy leh rahe ho... coz you are contradicting your own words...
@@Bcool.buddy1234 Which contradiction?
Growing power
What a great PM we have
Well done Indian defence industry !!
Atma nirbhar bharat
Never forget how Congress made fun of Made in India, the thing why i love Modi is because he made sure we feel proud and confident being Indian ❤
India 🇮🇳 has the potential 🙏 ✌ 👌 🏆 India has the potential to become a superpower by 2033 if it can address its challenges and capitalize on its strengths. To achieve this status, India needs to continue to invest in its economy, technology, and military capabilities while addressing its challenges in terms of poverty, education, and healthcare.06-May-2023
No one remembers the Late Manohar Parriker. He started it all.
MAKE IN INDIA.... :) In last 9 years current indian government doing fantastic job towards development of roads railways air water ways energy and defence sector is key for industrial revolution logistics. Digital economy is one of best work done by current indian government. Before 2014 rate of infrastructure development was slow. New express ways Digital economy Electricity @ railway Vande bharat Port development Border roads Varanasi mathura agra tourism development 17 cities now have metro , DFC Airport development Good work list is endless Good work by current indian government
all the factories are in south india, north indian kids will sell pakodas
0:11 Point to note that he said 99 percent of equipment will be domestic not 99 percent of the value of equipment. Highest 1 percent of equipment like HALE drones and jets can be really costly and overshadow other equipments in share of purchase. India has come far in defense manufacturing but the introductory statement is misleading
people like you always see glass half full.. keep cribbing.
*defence
History knows when Indians started something.... we do big....look at Service sector, Pherma sector.... future years will be amazing...sunoy sunoy
This could be possible only by governance under Modiji. Jai Hind
Opposition parties were making fun of Make In India project, and they are still doing it....Hats off to current regime that working dedicatedly towards making our nation Great.
every one of us prepare SuPER PEACE and LOVES❤❤❤
Hoping to see more Indian made weapons for the Philippines as the Philippines is expecting the bhramos missiles
We still need to improve on our modernization of the army , AMCA, Tejas mk2 and TRDBF should be mass produced asap...and naval ships , aircraft carriers should be increased...our Navy should dominate the Indian Ocean as much as possible
DREAM... FANTASY
Sana ganyan dn sa pilipinas may sariling pagawaan Ng fighter jet at mga barkong pandigma
HAL, bharat electronics, bharat dynamics , India forge
Jai Hind
Mostly Modi encouraging our defence to move fast forward.
it's not a joke, isn't it! india heavily depends on arms imports (From Russia, France, and the US) to make any breakthrough India needs a long way to go! budget allocation alone won't help. when India comes to a point where it reaches the capacity to build and export advanced military technology India will have to face the US blockade.
All Praise to Modi Ji ❤❤❤
every one of us prepare super LOVES❤
Jay Hind
Such reading as I have done indicates that sine 2015 Premier Narendra Modi has spurred the development of twelve different missile systems for the three wings of India's defence forces. Each has had its own Indian inventions in software as well as up to 85% of the hardware as well. Due to Modi and Rajnath Singh the percentage of indigenisation has been going up gradually only in the last Nine years! Modi Sarkar has encouraged India's private sector to undertake R&D, given them incentives such as tax breaks and concessional supplies of minerals and metals. For the first time there is focus and intelligence in the way India is doing this vital job. Thanks Modi and Rajnath Singh.
Sepecat Jaguar was produced by a consortium of British and French aero companies in the 60s. Phased out of operation by the late 90s. Still in operation with the Indian 3rd World Air force
@@AYUSH-cu4zqhe's a wumao. They love twisting facts to suit their agenda. Bro called Vishakapatnam class a Soviet era design elsewhere. 😂😂😂
So C 130 or B 53 were produced in 1950s and still in use by USAF . go to school not madarsa 😂😂😂
keep crying... keep crying. Dogs bark when mighty elephant moves.
It's doing its job very well, and upgradation is being done as per IAF requirements, to serve many more years.
Hopefully, by 2030 India will be the next Exporter of Defense Wquipments....
SLBM (Submarine Launched Ballistic Missile) range & speed: China - JL.2 (10,000km / Mach 20) India - K4 (1,000km / March 7)👈
K5 - ( 10,000 / Mach 25)
Just invest in RD ans emerging technologies.... have manufacturing units of semiconductors , robitics and automation equipments... finace private industry.and startups ...
🙌🇮🇳
Sharm hai is desh pe agar 2024 me NDA ke 360 seats se kam aaye toh.... 😑😑😑
BJP jeetenge pappu jese neta ko kon vote dega
bro yu forgot about anti nationals in india who are against development @@souravroy6431
👍👍👍
Oh yes.....best in the world
A great government makes the great country
Indigenous tanks in operation: China - Type59, Type62, Type73, Type96, Type 98, Type99, ZBT15 India - arjun* *better known as arjunk by its Indian crew, took almost 35 years to develop only to be rejected by the Indian army because it failed desert trials
No it performed better than T90 but it was considered heavy!
no only weight is issue nothing else ..please increase your knowledge ..it outperformed t90 tank for you kind information ..
With a successful mission in the moon, the govt of india should let isro development part for its defence equipment accordingly 🤔🤔
India defense sector as well scientific reserch has assumed its gallop under PM Modi who only took strong and fast track initiatives and allocations in the budget with developing strength of neighboring countries and teeming threats including Turkey and low level of high joint defense and action by Islamic countries and long term projects with additional spending on defense. Congress did nothing or less much to put India on its foot keeping in view of emerging strategic challenges in world politics and geopolitics based on their natural resources.
Great move but i still hope we'll increase our military spending to little over 100 billion dollars especially in R&D it'll be painful at the beginning but once we create a strong military startup ecosystem we can become a top military equipment expoter like US and Russia
First fire useless gutter chaap drdo engineers and hire IITans on a very high pay
@@cannibalronny7314 yea also the pay should be based on performance similar to private firms they can earn even millions if they prove to be worth it We also need healthy competition within the departments(Steve Jobs used this to improve innovation and quality control in apple) Also we need drdo partnership with other government bodies like HAL, Isro etc. and private sectors and institutions like IIT to improve R&D And finally we need more foreign collaboration especially TOT is key areas like jet engines, navigation and stealth technology even if it's outdated we can slowly work our way out
First of all, india should spent more moneys on the her poor citizen first as most or quarter of the population are starving.
@@yuqileongtv9807 non of your business Chinese pig
@@yuqileongtv9807chinese are detained in their homes till now since covid19 outbreak😂.
Why are we not finalising rafale M and rafale f4 deal with complete tot/licence manufacture in India. It is a need for navy and iaf as well as will generate employment in India. Further we will be less dependent on others for MRO
For sure. Next level of America! You can't imagine
Out of your imagination!!!!
Add more latest attack Drones and Man portable shoulder Rocket Launcher and anti Tank Drones or anti Tank Missiles
Modi Hain to mumkin hai ❤
When..India concentrates its mind IT CAN DO THINGS! Better than all in the world. Eg. Digital India, Open Network & Digital Commerce, 1st in the WORLD! Hello NATO Hello CHINI
Modi-fied India 🧡 🇮🇳
Fact: India recently imported Chinese DJI drone from China for the Indian army
India plan to stop importing weapons from abroad and start importing manufacturing company from abroad to India. We are not developing weapons but learning how to make it for India from this manufacturing companies. Is this really self reliance?
Mint can't stop himself praying modi 😂😂
India must improve its defence before can think exporting, exp Equador buy 4 Dhrov chopper but has grounded it due to its problem and has given bad name to India defence industry, UAE came to HAL to look at Tejas but they didn't buy because they choose China Hongdu trainer jet, another reason Tejas rejected by Malaysia because earlier IAF didn't buy Tejas itself so it gave bad name where its own Air Force didn't buy and i think HAL must have a Westerner designer to better design its future jets to better compete in the defence industry Jay Hind 🇮🇳
Credit to PM Modi no one else.
Good to see; now let's just hope the equipment is actually good. BTW: - It's _especially,_ not "specially". - _Indigenous,_ not "indegenius". - Apache is pronounced "uh-pah-chi", not "uh-pah-che". - 2:21 It should be "155 mm" and "40 mm", not "155-MM" and "40-MM" (which would mean "megamolar"). - ASEAN is pronounced "ah-see-ahn", not "ey-see-ahn".
If Indian defence need further development it definitely needs to overhaul DRDO completely
do you know how USA can affect a private company? why do u think they cannot do it with india?
India is a paper tiger. Indian army hasnt fought war in ages. Their only experience to fight insurgency. War is different ballgame.
Who fought war after 2000 except us? And now Russia and Ukraine none does it make sense? No
@@DevilBg-cv2hx Its called counter insurgency. And it was not well fought , Indian army suffered huge casualty.
@@Valkyri3Z which insurgency? Galwan india china fought india lost 20 soldiers while china suffered 40+ reported by Russian American Australian agenciy air force is weak I agree but navy and armed forces china has no chance
@@DevilBg-cv2hx duude 😝😝😝😝Do you live in village ? street brawl is not war. You seriously need some education.
This all happened because of Modi ji vision towards VISHWAGURU BHARAT. Jai Modi ji. Mody hai to mumkin hai
With the kind of enemies in our neighborhood we don't have any other choice.
Every country has enemies but it's the strongest that survive. If India wants to become the best the mentality has to change.
@@SS-fu6tu absolutely
I don't know how to laugh at, India imports all the weapons even bullets, they told me they are super military power 😅😂😅😂
Indian UPI IS MOST SEFTY &EZZY MONY TRANSFER TAX JUNRATING SYSTEMS IN WORL2 GOVERNMENT VERY HELPFULLY.
First we need to build a proper gun and a good aircraft engine instead of relying on the u Us for the kaveri engine for lca
It could change the India with the native people like adivasi people Madam mur mur leadership they are the origin of mathya India people most of the writers or scholars escalate this , let us educate them
Modi hai to mumkin hai
Give private sector free hands. Our ordnance factories are utter disappointment. We still have to rely on tiny countries likes of Israel and Belgium. Ukrainian war has proved beyond reasonable doubt that, a country needs to build it's defense capabilities. Western countries are propping up Ukraine from their own armoury.
Yeah that's one of the things I like about modi he doesn't hold back in things related to development of country he takes risky decisions which some people may or may not like but stays strong on that for e.g the infrastructure budget of fy23-24 was whooping 120billion dollar, do you think Raul Gandhi have guts to approve this budget he becomes PM rather he will spend union budget in giving freebies to poor people which worth nothing in future except just strengthening his seat of PM
Jai modi ji and Mera Bharat mahan hai 🇮🇳🇮🇳🇮🇳🇮🇳
India handmade ice crem number 1
China sa paisa ana band hogaya kya jo aaj india yaad agaya😂😂 Chinese ka propaganda felao
Can't even get the basic amenities right but sure...arms money comes first!
Dilli bahut door hai,abhi ind sirf 40 % hi hathiyar bna rha wo bhi chote mote aur advance technology weapon jo ind ko US china russia or israel ke brabar pahuchaye abhi na koi companies ayi hai,purane technology wale hathiyar jaise tezas,helicofter etc hai usse china US japan US kafi age nikal gye