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The Economic Times

Economy / The Economic Times

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India aims to be defence manufacturer, not just buyer: PM Modi

Prime Minister Narendra Modi highlighted India's growing defense manufacturing prowess, now at Rs 40,000 crore, emphasizing self-reliance over being a mere buyer. Commissioning three indigenously built naval ships INS Dunagiri, INS Sanshodhak, and INS Agray he underscored the nation's maritime capabilities as crucial for development, security, and economic strength. These vessels, designed and built in India with significant MSME involvement, showcase the country's 'Aatmanirbhar Bharat' journey.

21 Jun 2026 11:28 am