TENFOLD JUMP IN 6 YEARS: India's defence exports reach all-time high of Rs 15,920 crore in 2022-23
Millennium Post Delhi|April 02, 2023
India's defence exports have reached an all-time high of Rs 15,920 crore in financial year 2022-2023, a whopping 10-fold rise since 2016-17.
TENFOLD JUMP IN 6 YEARS: India's defence exports reach all-time high of Rs 15,920 crore in 2022-23

The country's defence exports in 2021-22 were Rs 12,814 crore, Rs 8,434 crore in 2020-21, Rs 9,115 crore in 2019-20, and Rs 10,745 crore in 2018-19, Rs 4,682 crore in 2017-18 and Rs 1,521 crore in 2016-17, official data revealed.

Calling it "a clear manifestation of India's talent and the enthusiasm towards 'Make in India, PM Modi tweeted: "Excellent! A clear manifestation of India's talent and the enthusiasm towards 'Make in India. It also shows the reforms in this sector over the last few years are delivering good results. Our Government will keep supporting efforts to make India a defence production hub."

This story is from the April 02, 2023 edition of Millennium Post Delhi.

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This story is from the April 02, 2023 edition of Millennium Post Delhi.

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