Search For "defence exports"
"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 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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"New India is working on 'Let us do' approach": Rajnath Singh at Tezpur Un
Updated : 2 years, 2 months ago IST
Highlighting the pivotal role of youth in shaping the vision of New India, Defence Minister Rajnath Singh said that the key difference between the old Bharat and the new Bharat lies in the evolution of thought and the approach.
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Year-ender: 2023 witnesses record defence exports, all-time high productio
Updated : 2 years, 2 months ago IST
The year 2023 was a landmark year for the Ministry of Defence as it witnessed defence exports reaching an all-time high--almost Rs 3,000 crore more than the previous financial year--and defence productions crossing the figure of Rs one lakh crore for the first time.
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Rajnath Singh visits forward posts in Arunachal; reviews defence preparedn
Updated : 2 years, 4 months ago IST
Rajnath Singh recalled that in 2014, the value of defence exports was about Rs 1,000 crore, "but today we are exporting defence equipment worth thousands of crores," he said.
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Indian defence exports reach Rs 16,000 crore mark
Updated : 2 years, 6 months ago IST
“With a 23-fold increase in exports, Indian design and development capabilities are reaching over 85 countries,” the Defence Ministry announced.
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