Govt wants private sector share in defence production to rise to 50%: Rajnath Singh

Synopsis Defence Minister Rajnath Singh inaugurated a new defence manufacturing complex in Shirdi. He announced plans for the private sector to lead India’s defence production, aiming for over 50% capacity. The facility will produce artillery shells, explosives, rockets, and drones. Shirdi: Defence minister Rajnath Singh on Saturday said the private sector should eventually account for at least half of India’s defence manufacturing capacity, up from about 30% currently, as the government pushes to expand domestic military production. Speaking at the inauguration of a new defence manufacturing complex in Shirdi, Singh said private industry brings efficiency, research capabilities and a greater…