<p>Prime Minister Narendra Modi attended webinar on Defence budget through video-conferencing on February 22. He said, “We have century-old experience when it comes to making arms and ammunition. During World War I and II, India supplied arms and ammunition. But post-independence, the situation got deteriorated, even for small arms we are relying on small countries. Today we are one of the largest defence importers and this is not something we should be proud of.”</p>