The event was organised by the Warship Design Bureau and saw active participation from top government officials, naval leadership, industry stakeholders, and experts from the maritime and defence sectors.
Noting India's recent achievements in different sectors, including space and defence, PM Modi said that this Monsoon Session marks the celebration of "victory."
The UK India Business Council (UKIBC) has released a report, putting out a slew of recommendations to deepen bilateral defence cooperation between the UK and India.
Addressing a press briefing after the bilateral meeting between the two leaders, MEA's Secretary (East) P Kumaran said, "Both leaders also expressed interest in enhancing collaboration in the defence sector, where they felt that they can leverage their respective experiences and capabilities
India has emerged as a formidable global leader over the past 11 years, driven by bold initiatives that fuse ambition with action, with the country making significant strides in indigenizing its defence sector, with defence exports witnessing a multifold increase over the past 11 years.
Prime Minister Narendra Modi said on Wednesday that India and Croatia will promote cooperation in many areas including pharma, agriculture, information technology and a Defence Cooperation Plan will be made for long-term cooperation in the defence sector.
Entities in the Indian Defence sector are expected to witness robust growth momentum, with expected revenue expansion of 15-17 per cent in FY2026, according to a report by Investment Information and Credit Rating Agency (ICRA).
India's defence sector has witnessed an extraordinary transformation over the last eleven years under the leadership of Prime Minister Narendra Modi. The Indian defence sector saw a steady rise in its defence budget, resulting in record-breaking production and a surge in exports.
As the Prime Minister Narendra Modi-led NDA government celebrates its 11th anniversary, Uttarakhand Chief Minister Pushkar Singh Dhami lauded the 'Make in India' initiative in the defence sector and the Centre's zero-tolerance policy towards terrorism and Naxalism.
Prime Minister Narendra Modi on Tuesday lauded India's remarkable progress in the defence sector over the past 11 years, crediting it to a clear focus on modernisation and self-reliance in defence production.
Union Defence Minister Rajnath Singh on Monday said India's emergence as one of the world's top five economies is a result of strong strides made towards self-reliance in the defence sector, driven by Prime Minister Narendra Modi's vision of Atmanirbhar Bharat.
"Today, our army does not have to seek anyone's permission to respond to the enemy. Under the leadership of the Prime Minister, India is becoming self-reliant in the defence sector. Through Operation Sindoor, India has proved that its indigenously manufactured weapons are much better than