2025-02-02 06:26:55 pm | Source: PR Agency
Budget Expectation Quote on Defence Sector by Capt Nikunj Parashar, Founder, Sagar Defence Engineering Pvt. Ltd
Below the Budget Expectation Quote on Defence Sector by Capt Nikunj Parashar, Founder, Sagar Defence Engineering Pvt. Ltd
"As the Hon’ble Union Finance Minister Shri Nirmala Sitharaman Ji has highlighted that 2025 will be a pivotal year for significant policy measures aimed at driving India's economic growth, the year is being observed as the 'Year of Reforms,' reflecting the government’s commitment to implementing reforms that can strengthen the economy and create sustainable growth. We anticipate a key focus on enhancing military modernization and boosting Aatmanirbharta (self-reliance) in defence, a critical area for national security. As the nation continues to invest in its defence sector, there is anticipation for increased
allocations for innovation and research to support advanced technologies, fostering a robust defence manufacturing ecosystem and new initiatives contributing to the sector. We look forward to the 2025 Budget aligning with the nation’s goals of strengthening its defence capabilities while fostering economic growth and innovation."
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