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.
20 Articles
20 Articles
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 …
India's defence exports surge to record Rs 23,622 crore in 2024-25
New Delhi: 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 percent growth over the previous fiscal year, Defence minister Rajnath Singh said on Tuesday, April 1. Singh also said that the country is poised to achieve the target of Rs 50,000 crore in defence exports by 2029. India’s defence exports in 2023-24 were Rs 21,083 crore. “India’s defence exports have surge…
India’s Defence Exports Hit Record $2.76 Billion In FY25: Rajnath Singh
The Defence Public Sector Undertakings (DPSUs) have shown a significant increase of 42.85% in their exports in the FY 2024-25. The post India’s Defence Exports Hit Record $2.76 Billion In FY25: Rajnath Singh appeared first on StratNews Global.
Bharat Forge begins operations of defence manufacturing facility in Maharashtra
Pune, Apr 2 (PTI) Global metal forging company Bharat Forge Limited (BFL) on Wednesday said it has begun operations of a 3-lakh sq ft defence manufacturing facility in Jejuri near Pune. The facility will fulfil orders from India's Ministry of Defence (MoD) of indigenously developed Advanced Towed Artillery Gun Systems (ATAGS). These cutting-edge 155mm howitzers will significantly enhance India's artillery firepower and safeguard its vast borders…
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