"In the next 5-10 years, orders worth over $100 billion are expected to be placed through the defence sector and it will become a major partner in the economic development of the country. Today, our defence sector is on the runway. Soon, when it takes off, it will transform the country's economy," the minister said. He was speaking at the Navy Commanders Conference onboard aircraft carrier INS Vikrant, the first vessel of this class to be designed and built in India.
