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India's Defence Minister highlights growing demand for Indian defense products amid global military spending surge.
India's Defence Minister Rajnath Singh highlighted the growing demand for Indian defence products following Operation Sindoor and stressed the need for efficient use of the defence budget.
The global military expenditure surpassed $2.7 trillion in 2024, presenting a significant market for India.
Singh also noted the Defence Acquisition Council's approval for procurement via the GeM portal and the ongoing reforms in financial governance at the Defence Accounts Department's Controllers' Conference 2025.
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El ministro de Defensa de la India destaca la creciente demanda de productos de defensa indios en medio del aumento del gasto militar mundial.