The nation’s defence production has witnessed a significant rise from Rs 46,000 crore in 2014 to a record Rs 1.51 lakh crore, and the country that was import-dependent has emerged as a producer-exporter.
The data for the same was shared by the Defence Minister Rajnath Singh on Sunday, citing that it once lacked a robust system to manufacture arms and equipment domestically, India has now seen a paradigm shift due to sustained efforts over the last decade.
"Due to our hard work in the last 10 years, our defence production, which was approximately Rs 46,000 crore in 2014, has now grown to a record Rs 1.51 lakh crore. Our defence exports, which were less than Rs 1,000 crore 10 years ago, have now reached nearly Rs 24,000 crore," Singh said.
He then virtually inaugurated the "Galwan War Memorial", paying tribute to the 20 Indian soldiers who laid down their lives in the Galwan Valley clash.
"The bravery of our soldiers is an inspiration for all of us," he said during the ceremony held at the Leh Army Base.
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Highlighting the significance of the memorial, Major General Arindam Saha, GOC, 3rd Infantry Division, said, "This Galwan War Memorial, built at an altitude of 14,500 feet, is the highest memorial of its kind and stands as a powerful symbol of national gratitude. This is a solemn tribute to our 20 brave soldiers who made the supreme sacrifice in the line of duty during the Galwan Valley clash on June 15, 2020. On the last Army Day, the Defence Minister had announced the construction of this memorial. Building such a structure at 14,500 feet is no ordinary task, but the Border Roads Organisation (BRO) completed it within a limited timeframe."
Major General Saha emphasised that the memorial reflects India's unwavering commitment to honouring its fallen heroes.
"This is also a message to the world that India remembers and respects its martyrs," he said.