Defence exports grew by 334 per cent in last five years: Government
"Defence exports grew by 334 per cent in the last five years; India now exporting to over 75 countries due to collaborative efforts," it said.

"Defence exports grew by 334 per cent in the last five years; India now exporting to over 75 countries due to collaborative efforts," it said.
The PIB India Twitter handle also shared some data in a poster attached with the tweet to underline the indigenisation and boost of production in the defence sector.
It mentioned the recent commissioning of India's first indigenous aircraft carrier INS Vikrant in Kochi.
It also mentioned about the indigenous Advanced Light Helicopter Mk-III's squadron being commissioned into the Indian Coast Guard, and successful testing of new generation nuclear-capable ballistic missile 'Agni P'.
Defence Secretary Ajay Kumar, during an interaction held at an event here on Thursday, had said efforts were being made to "unleash the energy" of the Make-in-India initiative as a whole in the defence sector and the country's Amrit Kaal vision is to see it among the top five countries globally in defence production.
In the last 75 years, India has continued to be one of the largest importers of defence products in the world, and this is the situation the government wishes to change, he had said.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.