Baba Kalyani, chairman and managing director of Bharat Forge, India’s leading forging company, welcomed Defence Minister Rajnath Singh’s announcement of banning import 101 defence items in a bid to bolster PM Modi’s resolve of making India self-reliant or Atmanirbhar.
Kalyani calledthe decisiona strategic step that will “propel the Atmanirbhar Bharat narrative and bolster Indian defence equipment manufacturing industry”. Kalyani further said that as a result of the move, the domestic sector will grow, leading to getting India closer to achieving 5 trillion economy.
“We at Kalyani Group, welcome the move announced by the honourable Union Minister, Rajnath Singh, this strategic step will propel the Atmanirbhar Bharat narrative and bolster Indian defence equipment manufacturing industry,” the statement read.
After today’s announcement, the government is set to introduce an import embargo on 101 items beyond a given timeline to boost the indigenisation