NEW DELHI, Nov. 3 -- Defence Minister Rajnath Singh on Tuesday said India aims to achieve defence production worth Rs 3 lakh crore and exports worth Rs 50,000 crore by 2029, as the Government steps up efforts to modernise the armed forces and strengthen indigenous manufacturing.

Chairing a meeting of the Defence Ministry's Consultative Committee on 'Modernisation of Indian Defence Forces' in Jaisalmer, Rajasthan, Singh held detailed discussions on emerging security challenges, changing warfare patterns, technological advancements and the need to build a future-ready military.

The discussions focused on the induction of next-generation platforms and weapons, greater coordination among the three Services, indigenous defence manufacturing,...