Defence Minister Rajnath Singh on Tuesday called on global maritime players to partner with India’s rapidly expanding shipbuilding industry, stressing that the nation’s shipyards, capable of delivering everything from aircraft carriers to research vessels, are poised to become a global hub for shipbuilding, ship repair, and maritime innovation.
The Secretary (Defence Production) noted that the most modern capabilities are now driven by disruptive technologies such as Artificial Intelligence and Machine Learning, quantum computing etc.
Singh was participating in a business gathering at Visvesvaraya Hall in Kaiserbagh. More than 500 businessmen from the city attended the event.
Addressing a meeting of the Rajasthan Industries officials and sectoral delegates here on Friday, Satpute said, "This facilitated the exports of the goods worth Rs 23,600 crore to friendly countries in the last one year."
In a statement issued here the Ministry stated that it has accounted for a staggering 90 percent increase since FY 2019-20, when the figure was Rs 79,071 crore.
The workshop aimed to brainstorm the nuances of implementing automation across various Defence Public Sector Undertakings (DPSUs) and to facilitate learning from each other's experiences, according to a statement from the Ministry of Defence.
The value of defence production will go further up once the data is received from the remaining private defence industries, the MoD said Thursday.
The factory is making components of the Fin Stabilized Armour Piercing Discarding Sabot (FSAPDS) rounds for the Army
