Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India's defence minister says assured orders and faster contracts, not a new fund, will drive private investment in defence.

flag Defence Secretary Rajesh Kumar Singh said India doesn’t need a government-backed venture capital fund to grow its defence sector, stating assured government orders and faster contract approvals are enough to attract private investment. flag Speaking at the ANI National Security Summit, he emphasized that a strong order book helps startups secure funding, and that India already has a growing venture capital ecosystem supporting defence innovation. flag He stressed the importance of fully utilizing the defence budget and expediting domestic contracts, calling timely procurement more critical than creating a U.S.-style strategic fund.

5 Articles