The growth of India’s defence exports

News Today 17.12.2021

India’s defence exports have increased from ₹1,521 cr in 2016-17 to ₹8,434.84 cr in 2020-21. The Government has set an ambitious target to achieve exports of about ₹35,000 cr by 2025.According to the latest report of the SIPRI, three Indian companies figure among the top 100 defence companies in the 2020 rankings — HAL, the Ordnance Factory Board and BEL. To boost indigenous manufacturing, the Government had issued two “positive indigenisation lists” consisting of 209 items that cannot be imported and can only be procured from domestic industry. (Read More)


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