How India's Defense Exports Increased in 7 Years

Pompa Sen Apr 07, 2023

India has achieved a remarkable milestone in defence exports in Financial Year 2022-23.

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The exports have reached an all-time high of approx. Rs 16,000 crore, almost Rs 3,000 crore more than the previous financial year.

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India is now exporting to over 85 countries.

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Indian industry has shown its capability of design and development to the world, with 100 firms exporting defence products at present.

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It a rise of over 10 times since 2016-17. Details are given in next slide:

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2016-17: 1,521 crore

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2017-18: 4,682 crore

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2018-19: 10,745 crore

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2019-20: 9,115 crores

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2020-21: 8,434 crore

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2021-22: 12,814 crore

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2022-23: 15,920 crore

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