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The data states total defence export value stands at Rs.13,000 crores or $1.5 billion as of 6 March, 2023. India has an ambitious target of achieving $5 billion in annual defence export by 2024-25.In alignment with India’s ambitious goal to significantly accelerate the production of defence equipment indigenously, the defence export in the country as per latest data has crossed Rs 13000 crores or
New Delhi: The world is witnessing an unprecedented rate of urbanization and development, however, this has also exerted an equally significant impact on our environment and the quality of life. As a result of the urgent environmental challenges facing the world, the United Nations created 17 Sustainable Development Goals (SDGs), calling for actions from all countries.While all these goals are
Many significant projects including 155mm Artillery Gun system ‘Dhanush’, Light Combat Aircraft ‘TEJAS’, Surface to Air Missile system ‘Akash’, Main Battle Tank ‘Arjun’, T-90 Tank, T-72 Tank, Armoured Personnel Carrier ‘BMP-II/IIK’, Su-30 MK1, Cheetah Helicopter, Advanced Light Helicopter, Dornier Do-228, High Mobility Trucks, INS Kalvari, INS Khanderi, INS Chennai, Anti-Submarine Warfare
The Indian government has set a target of achieving defence manufacturing worth Rs 1,75,000 crore, including defence exports of Rs 35,000 crore by 2024-25. Minister of state for Defence Ajay Bhatt said the value of production undertaken by private companies and state-run defence manufacturers in 2021-22 was Rs 86,078 crore while the amount was Rs 88,631 crore in 2020-21 and Rs 63,722 crore in
“Defence sector has emerged as a major demand creator; Orders worth over $100 billion expected in the next 5-10 years,; looks to achieve 100% Indigenization of Tejas fighter aircraft”Defence Minister Rajnath Singh reviewed the operational capabilities of the Indian Navy during the Naval Commanders’ Conference held aboard India’s first Indigenous Aircraft Carrier INS Vikrant on March 06, 2023. He