India aims for Rs 50,000 crore in defense exports by 2029-30, up from Rs 21,000 crore in 2023.

India's Defence Minister Rajnath Singh announced that the country aims to achieve Rs 50,000 crore in defence exports by 2029-30, building on a record Rs 21,000 crore in FY 2023-24, up from Rs 600 crore a decade ago. He urged Indian youth to develop advanced technologies, emphasizing the importance of self-reliance in defence. Singh highlighted initiatives like Innovations for Defence Excellence (iDEX) to support innovation and collaboration between government, academia, and the private sector.

November 02, 2024
12 Articles

Further Reading