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.

5 months ago
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