India will soon build ships for the world: Rajnath Singh

New Delhi: Defence minister Rajnath Singh said on Sunday the country will be building ships “not only for our own needs but also the needs of all over the world” as he commissioned INS Visakhapatnam into the Indian Navy.

“The system features of INS Visakhapatnam are not only going to meet the needs of today but also that of the of the future,” he said adding that India envisions an Indo-Pacific region that is based on rules, has freedom of navigation, and universal rules, “in which the interest of all the participating countries are protected.”

Citing reports that by 2023, the expenditure on security around the globe will reach $2.1 trillion, the defence minister said that India now has the “full opportunity” to make complete use of its “capabilities” and move towards making the nation “an indigenous shipbuilding hub.”