India's Defence Exports Cross Rs 21,000 Crore-Mark For First Time

Defence Minister Rajnath Singh said the country's defence exports have scaled to "unprecedented heights".

Defence Minister Rajnath Singh on Monday said the country's defence exports have scaled to "unprecedented heights" and crossed Rs 21,000 crore-mark for the "first time" in the history of Independent India. Under Prime Minister Shri @narendramodi's visionary leadership the Defence ministry has taken several initiatives to spur India's defence manufacturing and exports.Our defence industries including the Private Sector & DPSUs have registered a commendable performance in the…

"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!," he said in a post on X.

The Union minister also said that 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.