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Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.
Defence Minister Rajnath Singh addressed the Controllers’ Conference of the Defence Accounts Department (DAD) in New Delhi on July 7, 2025, emphasising the department’s critical role in strengthening the operational readiness and financial agility of the Armed Forces. Referring to the success of Operation Sindoor, he stated that the valour displayed and demonstration of the capability of domestic equipment has further increased the global demand for the indigenous products. He also called on the DAD to evolve from a ‘controller’ to a ‘facilitator’ in sync with increasing participation of the private sector in defence.
Highlighting the increasing strategic and economic significance of the defence sector, Rajnath Singh called for a shift in perception from defence spending as mere expenditure to an economic investment with multiplier impact. He urged the department to incorporate Defence Economics in their planning and assessments, including social impact analysis of R&D projects and dual-use technologies.