The central government under Prime Minister Narendra Modi has had the long-standing ambition of making India one of the leading exporter of defence equipment and as per latest information, the Centre has indeed lived up to its promise on that front.
Chief of Defence Staff General Bipin Rawat on Wednesday said that India is currently ranked 19th in the list of top defence exporters in the world, as of 2019 data.
“We witnessed a staggering 700% growth in defence exports from Rs 1521 crores in 2016-17 to Rs 10,745 crores in 2018-19…an all-time high ranking of 19th in the list of defence exporters in 2019,” CDS Rawat said during an e-symposium on ‘Catalysing Defence Exports’ via video conferencing.Read more…
