Highlights 1 Make in India initiative has helped defence ministry save more than Rs 1 lakh crore. 3 In 2 years, DRDO has built 6 air defence and anti-tank missile projects. Prime Minister Narendra Modi's Make in India initiative has helped the defence ministry save more than Rs 1 lakh crore worth of foreign exchange. In the past two years, as many as six air defence and anti-tank missile projects have been built indigenously by the DRDO (Defence Research and Development Organisation), even as several new ones are under its consideration. SR-SAM project for the Army (expected cost Rs 20,000 crore): Under this programme, the Army wanted to buy missiles from global vendors in Russia, Israel and Sweden.

Source: India Today December 03, 2017 00:56 UTC