Defence imports will be down $2 b by 2022: Rajnath February 05, 2021 Defence Minister Rajnath Singh - PTI× ‘This will be due to enhanced domestic manufacturing’ India plans to bring down defence imports by $2 billion by the end of 2022, announced the Union Defence Minister Rajnath Singh at the Aero India 2021’s Bandhan – partnership signing ceremony. He said, the idea of cutting down on imports is to encourage domestic manufacture of defence related items. Between 2016 and 2019, 138 proposals worth over $37 billion have been approved for domestic manufacturing and they will pay off now in lower imports. At Aero India, 128 MoUs were signed, 19 technology transfers (ToTs) finalised, four handing overs, 18 product launches and 32 major announcements were made, in all totalling over 200 proposals.