Union Defence Minister Rajnath Singh took to social media to announce that the country's defence exports have soared to unprecedented levels, crossing the milestone of Rs 21,000 crore for the first time in the history of Independent India, Ednews reports via The Times of India.
Defence Minister Rajnath Singh posted on X (formerly Twitter)," Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed Rs 21000 crore mark for the first time in the history of Independent India! India's defence exports have recahed to the level of Rs.21,083 Crore in the financial year 2023-24 which is a spectacular growth of 32.5 per cent over the previous fiscal."
According to the statement posted by Defence Minister Rajnath Singh, India's defence exports surged to a staggering Rs 21,083 crore in the financial year 2023-24, marking a remarkable growth rate of 32.5 per cent over the previous fiscal year.