India exported military hardware and equipment worth over ₹ 34,000 crore in the last five years, according to details provided by the government in the Lok Sabha on Wednesday.
Replying to a question, Minister of State for Defence Shripad Naik said the total exports by both private and defence public sector undertakings were worth ₹ 2059.18 crore in 2015-16 while the number came down to ₹ 1521.91 crore in 2016-17.
However, the exports of military hardware went up to ₹ 4682.36 crore in 2017-18 and further jumped to ₹ 10745.77 crore in 2018-19. The amount for 2019-20 was 9115.55 crore while it was ₹ 6288.26 crore in the current fiscal till January 31, according to Mr Naik. Read More…
