Daily News Analysis » April 2024 » Defence Exports of India: 2 April 2024

Defence Exports of India: 2 April 2024

At an all-time high, defence exports cross Rs 21,000 crore.

Key Points: 

Record Defence Exports:

  • India’s defence exports exceeded ₹21,000 crore for the first time, announced by Defence Minister Rajnath Singh.
  • According to the Defence Ministry, defense exports have increased by 31 times in the past 10 years compared to FY 2013-14.

Why in news?

At an all-time high, defence exports cross Rs 21,000 crore.