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News - India increased defense exports 35 times in 10 years, minister says

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India increased defense exports 35 times in 10 years, minister says

by Lilit April 29, 2024

India has increased exports of arms and defense products by 35 times since 2014, when the government of Prime Minister Narendra Modi came to power, and intends to further increase it, India’s Defense Minister Rajnath Singh said at an election rally in Ahmedabad. "In 2014, we exported defense products worth 6 billion rupees ($72 million), but now this figure has exceeded 210 billion rupees [more than $2.5 billion], and I can say that it will increase," Singh said, Press Trust of India reported. The minister also said that the Modi government, representing the Indian People’s Party, is committed to ensuring that defense products are manufactured in the republic by Indians themselves. “Today we have achieved defense production volumes worth more than 1 trillion rupees ($12 billion),” he said. India currently supplies defense products to 85 countries.

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