Positive impactEconomy
‘Defence manufacturers must treat expenditure on R&D as an investment’: Rajnath Singh
BusinessLine 1 hr ago·9 Oct 2026, 2:51 pm
Defence Minister Rajnath Singh has emphasized that research and development (R&D) spending should be viewed as a strategic investment rather than a mere cost by manufacturers. He reinforced this stance while recalling his earlier push to significantly boost the private sector's contribution to India's total defence production, aiming to raise it from the current share to 50 percent.
This policy shift is important for investors as it signals a long-term commitment to strengthening India's indigenous defence capabilities. It encourages companies to innovate and scale up operations, which could lead to sustained growth and increased market share in a sector often supported by government demand.
Investors should monitor the progress of private players in meeting these production targets. Tracking government procurement policies and the successful integration of new technologies will be key to understanding the sector's future performance.
Excerpt from BusinessLine
“Defence manufacturers must treat expenditure on R&D as an investment that strengthens operational preparedness, improves competitiveness and contributes to national security,” Defence Minister Rajnath Singh said on Friday. Addressing the 8th Annual Session of the Society of Indian Defence Manufacturers (SIDM), the…Read the original at BusinessLine
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