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34-Fold Defence Export Jump in 10 Yrs

The Morning Standard

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May 15, 2025

India transitions from being arms importer to major exporter; self-reliance powers production

- MAYANK SINGH @New Delhi

34-Fold Defence Export Jump in 10 Yrs

The country's defence exports are picking up steadily, having increased by 12% from 2023-24, or more than ₹2,500 crore.

Defence Minister Rajnath Singh said in a post on X on Monday, "India's defence sector is growing stronger than ever, driven by the spirit of Atmanirbhar Bharat (self-reliance). Defence exports have jumped from ₹686 crore in 2013-14 to ₹23,622 crore in 2024-25, a 34-fold rise."

In April 2024, the Ministry of Defence had said, "Defence exports have touched a record ₹21,083 crore (approx. $2.63 billion) in FY 2023-24, a growth of 32.5% over the last fiscal's ₹15,920 crore."

The Morning Standard

यह कहानी The Morning Standard के May 15, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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