PUNE: Industrialist Baba Kalyani on Thursday said India would be a net defence equipment exporter by 2030 in view of its current policies on indigenisation.
“By 2030, India will be a different country to what it is now. Our GDP can be around US $7-8 trillion, and we should be a net exporter in defence equipment by then,” Kalyani said during a press conference on the ‘Punyabhushan Puraskar’ by the Punyabhushan Foundation, which was announced in 2020, but will be awarded to Kalyani at a ceremony on Saturday.