New Delhi, Sept. 2 -- Defence Minister Rajnath Singh said that MSMEs will be key to India's economic growth and self-reliance, stressing that development cannot rely solely on large corporations.

Addressing the Indian Industries Association's (IIA) 35th annual general meeting in Greater Noida, he said nearly 16,000 MSMEs are linked with defence PSUs, highlighting their growing role in defence manufacturing and innovation, reported Economic Times.

He said the government aims to build a globally competitive India in technology, manufacturing and innovation, while creating jobs and strengthening strategic self-reliance.

MSMEs Seen As Key To Economic Growth And Self-Reliance

Singh stressed that MSMEs are vital for inclusive growth and red...