Tag: exports
Defence exports hit new report of ₹23622 crore in 2024-25
Background Context India’s defence exports have been constantly rising over the previous few years, pushed by coverage reforms, indigenization efforts, and world demand for Indian defence gear. The Defence Manufacturing and Export Promotion Coverage (DPEPP) 2020 goals to realize a defence export goal of ₹35,000 crore by 2025 and ₹50,000 crore by 2029. Key initiatives embrace Make in India in Defence, liberalized FDI norms,