Union Defence Minister Rajnath Singh on Monday said that India’s defence exports have achieved a historic milestone, exceeding Rs 21,000 crore.
In a post on X, Singh said, “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 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.”
Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed Rs 21000 crore mark for the first time in the history of Independent India!
India’s defence exports have recahed to the level of Rs.21,083 Crore in the financial year…
— Rajnath Singh (@rajnathsingh) April 1, 2024
India exports defence equipment and parts to 84 countries and regions across the globe, including Italy, Maldives, Sri Lanka, Russia, UAE, Poland, Philippines, Saudi Arabia, Egypt, Israel, Spain and Chile.
Key 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.