TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    No Dedicated NIA Judge for Kanhaiya Lal Trial Sparks Outrage

    Kanhaiya Lal Murder Trial in Deep Freeze? No Dedicated NIA Judge, Only 6 Witnesses Heard in 3 Years

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    TheExcellFuture.com reviews — Account Types

    TheExcellFuture.com reviews — Account Types

    UniSmartMove.com reviews – Registration

    UniSmartMove.com reviews – Registration

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Kapil Sharma’s Café Targeted by Suspected Khalistani Terrorists

    Kapil Sharma’s Café Targeted by Khalistani Terrorists: Canada’s Dangerous Embrace of Radical Elements Exposed

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife, Asks Him to Wait Till She’s 9

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Why Every Sports Team Now Has a Data Scientist

    Why Every Sports Team Now Has a Data Scientist

    Prakash Raj, Vijay Deverakonda among other Tollywood actors booked for promoting illegal betting apps

    Prakash Raj, Deverakonda, Rana Booked by ED in Betting Scam Case

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    No Dedicated NIA Judge for Kanhaiya Lal Trial Sparks Outrage

    Kanhaiya Lal Murder Trial in Deep Freeze? No Dedicated NIA Judge, Only 6 Witnesses Heard in 3 Years

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    TheExcellFuture.com reviews — Account Types

    TheExcellFuture.com reviews — Account Types

    UniSmartMove.com reviews – Registration

    UniSmartMove.com reviews – Registration

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Kapil Sharma’s Café Targeted by Suspected Khalistani Terrorists

    Kapil Sharma’s Café Targeted by Khalistani Terrorists: Canada’s Dangerous Embrace of Radical Elements Exposed

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife, Asks Him to Wait Till She’s 9

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Why Every Sports Team Now Has a Data Scientist

    Why Every Sports Team Now Has a Data Scientist

    Prakash Raj, Vijay Deverakonda among other Tollywood actors booked for promoting illegal betting apps

    Prakash Raj, Deverakonda, Rana Booked by ED in Betting Scam Case

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Make in India saves 1 lakh crore in defence expenditure

Mayank Narayan by Mayank Narayan
13 March 2019
in Defence
defence, manufacturing

(PC: Live Mint)

Share on FacebookShare on X

Soon after Narendra Modi became the Prime Minister of India, the Make in India initiative was launched in September 2014 with a wider objective of nation building by making India a global design and manufacturing hub. Changes were made in the obsolete rules and regulations to encourage manufacturers to set up their units in India. Different sectors from Defence to Railways were streamlined for investment and rudimentary regulations in these sectors were scrapped to improve ease of doing business.

Successful in attracting manufacturers, Make in India has helped India to further improve on its finances and create lakhs of jobs for the Indian Youth. Investments in sectors like automobiles, electronics, defence and others have helped India avoid spending its Forex reserves on imports.

RelatedPosts

Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India’s Global Digital Clout

PM Modi Sets Record With 17th Parliament Speech Abroad, Applauded in Namibia

PM Modi Honoured with Brazil’s Top Civilian Award, 26th Global Recognition

Load More

With different sectors performing optimally under Make in India, Defence Sector has been witnessing huge investments for design and manufacturing in India. India having the 5th largest defence budget in the world, procures 60 percent of weapons from International markets. Self-sufficiency in Defence manufacturing for India is critical as India strides ahead in 21st century in a hostile neighborhood.

According to a report by the India today group, Narendra Modi’s Make in India Initiative has helped the defence ministry save more than 1 lakh crores in foreign exchange. In the previous few years, multiple defence design and manufacturing projects have been operational in India. As developing indigenous capacity and capability in defence sector is indispensable for a nation as big as India, however, being the world’s second largest defence importer, India has been highly dependent on foreign countries to provide advanced weaponry.

Defence Research and development organization or (DRDO) has been leading the indigenization efforts of the Indian defence sector. Multiple projects by the DRDO have been accepted over foreign alternatives. The SR-SAM (short range surface to air missiles) for the Navy (which is expected to cost around Rs. 30,000 Cr ), which is capable of shooting down incoming enemy aircraft and missiles in short range was sought from international manufacturers however after negotiations, government decided to go for an indigenous alternative under make in India initiative from DRDO. Similar demand for SR-SAM for army (estimated to cost around 20,000 Crores) was floated but after DRDO offered its Akash missile with indigenous sensors, the project was accepted.

Other projects in which the government has decided to go for Indigenous alternative against foreign suppliers include Quick Reaction Surface to Air Missile (QRSAM), Anti-Tank Guided Missile (ATGM), helicopter-launched anti-tank guided missiles and the armored vehicle launched anti-tank missiles for the army.

Efforts by the government in the Make in India Initiative has shown definitive results, this not only saves India’s forex reserves but also helps India reduce its dependency on foreign manufacturers as foreign manufacturers can be unreliable at times of geopolitical tensions. Consequently, focus on Make in India has improved India’s ease of doing business rank from 142nd in 2014 to 77th in 2018 and the Indian economy will start exhibiting its impact in the coming future.

Tags: defence budgetDefese ManufacturingMake In IndiaPM Modi
Share5623TweetSend
Previous Post

Vivek Agnihotri’s Tashkent files promises to unravel mystery behind former PM Shastri’s death

Next Post

Know your Candidate: Nusrat Jahan from the TMC

Related Posts

India Successfully Tests Indigenous Anti-Submarine Rocket ERASR
Defence

India Successfully Tests Indigenous Anti-Submarine Rocket ERASR, Boosting Navy’s Underwater Capabilities

9 July 2025

In a significant step toward strengthening India’s naval defence, the Extended Range Anti-Submarine Rocket (ERASR), developed entirely in India,...

military reveals china-pakistan-turkey nexus during operation sindoor
Defence

One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

4 July 2025

In a groundbreaking revelation, Lt Gen Rahul Singh, the Deputy Chief of Army Staff, has exposed China’s deep involvement...

Images Reveal Devastating Damage to Terror Camps in PoK
Defence

Satellite Images Reveal Devastating Damage to Terror Camps in PoK After Operation Sindoor

30 June 2025

New satellite images show huge damage to terror camps operating in Pakistan-occupied Kashmir, confirming India’s precision strikes during Operation...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

How UPI went global? Why Namibia Adopted It?

How UPI went global? Why Namibia Adopted It?

00:07:20

Stalin’s DMK Faces Heat Over Brutal Custodial Killings in Tamil Nadu

00:08:06

Hindu girl r@ped, burned with cigarettes and forced to convert to Islam

00:03:31

Delhi’s Trump Card: Kejriwal Wants a Nobel for Surviving Politics

00:05:03

Team B of DMK? The Truth About Actor Vijay’s Party

00:07:45
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited