Defence Minister Rajnath Singh has expressed confidence that India’s defence exports will reach 50,000 crore rupees by 2030. He was speaking at the ‘Marathwada – Atmanirbhar Bharat Ki Raksha Bhoomi’ dialogue session organised by the Chamber of Marathwada Industries and Agriculture – CMIA at Chhatrapati Sambhajinagar in Maharashtra yesterday.
Highlighting the achievements of the Modi government, Mr Singh pointed out a remarkable forty-fold increase in defence exports during the current administration’s tenure.He informed that in 2014, India’s defence exports stood at around 600 crore rupees, which today surged to 24,000 crore rupees.