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Defence Exports of India: 2 April 2024

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

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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.