TNPSC Thervupettagam

Defense exports of India

June 6 , 2023 383 days 419 0
  • India had recorded an extraordinary 23 times rise in military exports during the last 9 years.
  • India’s defence exports have reached an all-time high to nearly Rs 16,000 crore ($1.9 billion) in FY 2022-23.
  • It was Rs 686 crore ($82 million) in FY 2013-14.
  • While India's exports grew, its defence imports declined by 11 per cent between 2013-17 and 2018-22.

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