Search For "defence export"
Defence exports will touch Rs 50,000 crore by 2029-30: Rajnath Singh
Updated : 1 year, 4 months ago IST
Union Defence Minister Rajnath Singh on Saturday expressed confidence that the country will export more than Rs 50,000 crore defence items by 2029-30, adding that the government is committed to collaborate with the academia for self-reliance in defence production.
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US, France, Armenia emerge as India's top three defence export customers
Updated : 1 year, 4 months ago IST
Amid a growing push to increase export of Indigenous defence equipment, the US, France, and Armenia have emerged as the top three customers for Indian military exports.
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"Speculative and misleading": MEA rejects Reuters report on diversion of I
Updated : 1 year, 5 months ago IST
The Ministry of External Affairs (MEA) on Thursday rejected Reuters reports claiming that Indian defence exports have been diverted to Ukraine, labelling them "speculative and misleading."
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Global shift towards China+1 and Russia-Ukraine war open doors for India's
Updated : 1 year, 6 months ago IST
India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registering a CAGR of 46 per cent, highlighted a report on 'Defence Conference 3.0' by Antique Stock Broking.
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Rajnath Singh takes charge as Union Minister bats for developing self-reli
Updated : 1 year, 9 months ago IST
Singh who took charge as the Defence Minister at his office in South Block in the national capital said that the government will strive to boost exports in the defence sector and aims for a target of Rs 50,000 crore over the next five years.
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FDI inflow to increase in domestic manufacturing sector: Ministry of Finan
Updated : 1 year, 9 months ago IST
According to the monthly economic review by the Ministry of Finance, recent reports indicate that a growing number of organizations in the US and Europe are focusing on reindustrialization. These organizations are primarily aiming to enhance supply chain resilience, a strategy that could sig
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Defence Ministry refutes reports of DRDO-installed helicopter model going
Updated : 1 year, 10 months ago IST
The Defence Ministry on Saturday refuted reports of a DRDO-installed Chinook Helicopter Model from Lucknow going missing.
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"Our policy is not of non-alignment but of multi-alignment": Rajnath Singh
Updated : 1 year, 11 months ago IST
Defence Minister Rajnath Singh on Thursday highlighted India's ability to balance its historically reliable and strategic partnership with Russia while nurturing its growing relationship with the US.
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Defence sector poised to experience CAGR of 13 per cent from FY23 to FY30:
Updated : 1 year, 11 months ago IST
According to a report by Jefferies, with an estimated domestic defense opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR) from FY23 to FY30.
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India's defence exports touch record Rs 21,083 crore in 2023-24, up 32.5%
Updated : 1 year, 11 months ago IST
Defence exports have touched a record Rs 21,083 crore (approximately USD 2.63 billion) in the financial year 2023-24, with a growth of 32.5 per cent over the last fiscal when the figure was Rs 15,920 crore, a Ministry of Defence release said.
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"Indian Defence Exports crossed Rs 21000 crore mark for the first time", s
Updated : 1 year, 11 months ago IST
Defence Minister Rajnath Singh posted on x," 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
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Middle Eastern, North African nations show interest in BrahMos supersonic
Updated : 2 years ago IST
With India looking to increase its defence exports, India's friendly countries in the Middle East and North African region are showing keen interest in the ground and air-launched version of the BrahMos supersonic cruise missile.
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