Sansad Tv
India’s defence exports grew 32.5% this fiscal and crossed the ₹21,000-crore mark for the first time as the country remains focussed on boosting the indigenous defence manufacturing ecosystem as well as military exports. Defence exports have touched a record ₹21,083 crore (approx. US$ 2.63 billion) in the Financial Year (FY) 2023-24, a growth of 32.5% over the last fiscal when the figure was ₹15,920 crore. The recent figures indicate that the defence exports have grown 31 times in the last 10 years as compared to FY 2013-14,” the ministry said in a statement.
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