India’s defence exports have reached an all-time high worth nearly ₹ 16,000 crore in 2022-23, surging from a mere ₹ 686 crore in 2013-14. This 23-fold increase reflects India’s progress in the global defence manufacturing sector. “With exports reaching more than 85 countries, India’s defence industry has shown its capability of design and development to the world, with 100 firms exporting defence products at present,” said a government release Tuesday. Indian Hindu chief priest sentenced to jail in Singapore India faced Rs 240 million loss after firing of BrahMos missile to Pakistan To give a push to defence exports, the government has taken a number of policy initiatives and brought reforms over the last nine years. Export procedures have been simplified and made industry-friendly with end-to-end online export authorisation and curtailing delays to bring in Ease of Doing Business. Further, the self-reliant India call or ‘Atmanirbhar Bharat’ initiatives have helped the country by encouraging indigenous design, development and manufacture of defence equipment in the country, thereby reducing dependency on imports in the long run. Passenger Assaults Air India Crew Member On Board Al Pacino Expecting Child With Girlfriend Noor Alfallah Elon Musk: Tesla boss on first China trip in over … Continue reading India’s Defence Exports At All Time High In 9 Years