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Home Chandigarh

Special subsidy will be given by Govt to companies engaged in field of defence sector for setting up their units in Haryana: Minister

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October 20, 2022
in Chandigarh, Haryana
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IEP Chandigarh, October 20

Haryana Deputy Chief Minister, Sh. Dushyant Chautala said that a special subsidy will be given by the Haryana Government to the companies engaged in the field of defence sector for setting up their units in Haryana. He gave this information during the “DefExpo-22” organized in Gandhinagar, Gujarat, while interacting with various company representatives in ‘Haryana Pavilion’. The Deputy Chief Minister also visited the exhibition of modern weapons manufactured by Indian companies there.Sh. Dushyant Chautala said that although the Indian armies have always proved their capability, yet in view of the changing technological era, our army needs modern weapons. After seeing the modern weapons under the “Make in India” programme, He asserted that India is now more equipped to respond to any misadventure by any enemy countries.The Deputy Chief Minister said that New India is moving ahead in the defence sector with the ‘mantra’ of intention, innovation and implementation. Earlier India was considered as the world’s largest defence importer but the new India has proven its intentions and is also seeing a new success story every day in the defence sector thanks to the “Make in India” initiative.Our defense exports have grown 8 times in recent years. We are exporting defence materials and equipment to more than 75 countries of the world. In the year 2021-22, defence exports from India reached 1.59 billion dollar i.e around Rs. 13,000 crore. In the coming time, the Government of India has set a target of taking it to 5 billion dollar i.e. Rs. 40 thousand crore.Sh. Dushyant Chautala said that Haryana has always made a special contribution to the Army. Despite being a small state in terms of area and population, Haryana has played an unforgettable role in the freedom struggle.

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