India's defence exports at all-time high! Rajnath Singh says industry ‘grew by 32.5% in FY24’
₹21,083 crore in financial year 2023-24 with a 32.5% growth in FY24 compared to previous financial year, said Defence Minister Rajnath Singh on Monday. Underlining the strong growth of private sector and DPSUs over the years, Defence Minister Rajnath Singh said “defence ministry has taken several initiatives to spur India’s defence manufacturing and exports." “Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed ₹21000 crore mark for the first time in the history of Independent India," wrote Rajnath Singh in a post on X.
“Under Prime Minister Shri Narendra Modi’s visionary leadership the Defence ministry has taken several initiatives to spur India’s defence manufacturing and exports," he added. (More to come)Milestone Alert!
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