Will spend 130 Billion Dollar on military modernization in next 7-8 years: Rajnath Singh

While addressing at the Aero India Show in Bengaluru on February 03, Union Defence Minister Rajnath Singh said, "I have been informed that about 540 exhibitors including 80 foreign companies, Defence Ministers, Delegates, Service chiefs and officials from more than 55 nations are participating in this event.

It reflects growing optimism of the global community." "I express my deep sense of gratitude to the Defence Ministers from Maldives, Ukraine, Equatorial Guinea, Iran, Comoros and Madagascar who have joined this show in person, and many others who are joining virtually," he added.

"We have taken steps to strengthen our security apparatus.

Domestic manufacturing of bigger and complex defence platforms has now become focus of our policy under 'AatmaNirbhar Bharat Abhiyan'.

We plan to spend 130 Billion Dollar on military modernization in next 7-8 years," Defence Minister further stated.