Speaking at the Defence Institute of Advanced Technology’s convocation ceremony in Pune on May 15, 2023, the Defence Minister of India (Raksha Mantri), Rajnath Singh, said India will be a developed nation by the year 2047.
He laid emphasis on the advancement of technology amid a rising cyberspace threat in the defence sector. The minister asserted that India is gradually becoming self-reliant, and as per economic experts, India will be the third-largest economy by 2027.
“The world is changing with a rapid speed. The defence sector is also witnessing a change as we can see multiple technical changes in this sector. There are many problems which have surfaced in the defence sector, especially in cyberspace, he said.”
“However, with the changing situation, we have to move towards advancement in technology. If there is a challenge, there is a solution. Now efforts should be put forward to advance the technology,” the minister said.
He stressed on self-reliance and said it does not mean we should be different from other countries, “but the objective is that the basic requirements should be manufactured by us, and we should be able to export them.”
Manufacturing products in the country will also help to create employment. “Under the leadership of PM Modi, we have seen a dream that India will be a developed nation in the world by 2047,” he said.
The Defence Minister said, “We are witnessing a rise in the export of defence equipment. In 2014, the export in this sector was Rs 900 crores. But now it has gone up to Rs 16,000 crore. The import has reduced as India is now the biggest hub of startups, and we are bringing innovative ideas.”
He pointed out that numerous defence equipment such as rifles, missiles, and aircraft are being made in India.
India is now becoming a self-reliant country. The minister said the possibility of India becoming the top economy in the world could not be ruled out.
“Economic experts assert that by 2027, India will achieve the third rank in world economy To make our dream come true, we should work towards it,” he said.
Addressing the gathering, Singh said that he was to be proud to be at the convocation of the DIAT.
“Right from its establishment, the institute has done remarkable work, and today, I can see the future of our country,” he added.