New Delhi, July 7 -- Defence Minister Rajnath Singh today emphasised that India's defence sector is no longer seen merely as a necessary expenditure, but as a strategic economic investment that is generating a multiplier effect on the nation's economy.
Speaking at the Controllers' Conference 2025, hosted by Defence Accounts Department (DAD) here, the Minister highlighted the significant and transformative changes taking place in the sector.
"These developments, which were not visible until recently, are now unfolding rapidly. Today's changes are dynamic and often uncertain. While the concept of 'peace time' may be considered an illusion, it is during such periods that we focus on strengthening our defence capabilities through policy-makin...