US EditionIndia’s defence exports hit new record of ₹23,622 crore for 2024-25: Ministry of Defence
- India's defence exports reached ₹23,622 crore in 2024-25, a growth of 12.04% from the previous year, according to the Ministry of Defence.
- Defence Public Sector Undertakings reported a 42.85% increase in exports during this period, contributing ₹8,389 crore, as stated by the Ministry of Defence.
- The private sector and DPSUs contributed ₹15,233 crore and ₹8,389 crore, respectively, to defence exports in 2024-25, according to the Ministry.
- The Department of Defence Production issued 1,762 export authorisations in 2024-25, up from 1,507 in the previous year, as reported by the Ministry of Defence.
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India's Defence Exports Hit Record Rs 23,622 Crore In 2024-25: Rajnath Singh
India's defence exports have surged to a record high of Rs 23,622 crore (approx. USD 2.76 billion) in 2024-25, registering a 12.04 per cent growth over the previous fiscal, Defence Minister Rajnath Singh said on Tuesday. Prime Minister Narendra Modi hailed the achievement as a "proud milestone" in India's progress in the defence manufacturing sector. "This is indeed a proud milestone in our journey towards self-reliance and global leadership in …
·New Delhi, India
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