The country’s defence exports have soared to unprecedented levels, crossing the milestone of Rs 21,000 crore for the first time in the history of Independent India, announced Defence Minister Rajnath Singh on social media X.
“Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed Rs 21,000 crore mark for the first time in the history of Independent India! India’s defence exports have reached to the level of Rs 21,083 crore in the financial year 2023-24 which is a spectacular growth of 32.5 per cent over the previous fiscal,” the Defence Minister posted on X.
The major defence items being exported include Personal Protective Items, Offshore Patrol Vehicles, ALH Helicopters, SU Avionics, Coastal Surveillance Systems, Light Engineering Mechanical Parts, Kavach MoD. Among others, these defence items have emerged as key contributors to India’s defence export portfolio.