Rajnath Singh To Review Performance of 16 Defence PSUs, Meeting To Assess Progress & Key Operational Priorities
New Delhi: Defence Minister Rajnath Singh will review the annual performance of 16 defence public sector undertakings (DPSUs) on Tuesday, with indigenous technology development and higher exports expected to remain key areas of focus. The review comes after DPSUs reported strong growth in turnover, profits and overseas sales during FY26, according to the Defence Ministry. Seven DPSUs to Present…
Defence Minister Rajnath Singh will convene a meeting on Tuesday to assess the performance of 16 defence public sector undertakings (DPSUs). The focus will be on indigenous technology development and overseas exports, as these sectors showed robust growth in turnover, profits, and sales during the financial year 2026. Seven major defence companies, including Hindustan Aeronautics Limited (HAL), Mazagon Dock Shipbuilders Limited (MDL), and Bharat Dynamics Limited (BDL), will present dividend cheques for the government's equity holdings during the event.
In FY26, the combined turnover of India's defence PSUs reached ₹1.29 lakh crore, a 15.4 per cent increase compared to the previous year. Their cumulative profit after tax rose by 15.6 per cent to ₹23,136 crore. In addition to the meeting, Singh will release four publications: one detailing the DPSUs' journey towards self-reliance, another promoting defence technology awareness among students, and a third highlighting HAL's modernisation and indigenisation plans.
The Department of Defence Production has also taken steps to simplify export procedures, aiming to expedite the path to international markets while preserving national security.
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