Rajendra K Chodankar, Chairman, RRP S4E Innovations Ltd
“The 10% increase in the budget for Defence to Rs 6.81 lakh crore is indeed a major boost by the Government of India. The visionary thought process of the Government is well aligned on acquiring new defence systems in the face of security challenges. Government’s greater focus on purchasing more weapons, military hardware, aircrafts and warships and allocating lion share of Rs. 1.8 lakh crore in the total defence budget is very encouraging for MSME and corporates.”