Rajnath Singh’s ₹32,000 Cr Defence Push

Defence Minister Rajnath Singh is meeting with top defence PSUs to finalise a five-year roadmap aimed at strengthening India’s defence sector. Over ₹32,000 crore will be invested in research and development, with a significant focus on innovation and sustainability. HAL, BEL, and BEML trade in the green, reflecting strong investor confidence in the defence pack. The meeting will also assess the performance of the last decade, during which more than ₹30,000 crore was infused. Private firms are expected to be key beneficiaries too, as the government pushes for greater self-reliance and export potential in defence manufacturing