Which country aims to localize 50% of its defence spending under Vision 2030?

A)
India
B)
Saudi Arabia
C)
North Korea
D)
United Arab Emirates

Correct Answer :   Saudi Arabia


* Saudi Arabia's Vision 2030 focuses on localizing 50% of its defence spending to reduce reliance on imports and bolster its indigenous defence industry.

* This aligns with India's Make in India initiative, promoting joint ventures and technological collaborations in areas such as shipbuilding, AI, and cybersecurity.

* The growing defence cooperation between India and Saudi Arabia highlights the mutual goal of self-reliance and technology sharing, strengthening their bilateral ties.

Published On : December 29, 2024