<h1>Government Boosts Defense with New Policy, Modernization, and Industrial Corridors to Foster Self-Reliance and Investment Growth.</h1> The government will prioritize budgetary support for the defense sector, focusing on modernization and operational enhancement of the Armed Forces. Two defense industrial production corridors will be developed, and a new industry-friendly Defense Production Policy 2018 will be introduced to boost domestic production. The Finance Minister highlighted the role of the Armed Forces in border and internal security and announced initiatives to foster self-reliance in defense needs. Private investment and foreign direct investment in defense production have been liberalized to encourage growth, with efforts to involve public sector, private sector, and MSMEs in defense manufacturing.