India's defence exports grew 23 times in 9 year

 India 's defence exports 

rise 23 times since 2014

Aatmanir bharta on the rise: Defence exports reach an all-time high of approx. Rs 16,000 crore in Financial Year 2022-23; Over 10-times increase since 2016-17; India exporting to over 85 countries

Trades grew multiple times between 2013-14 and 2022-23 monetary years while the spending on obtaining weapons and frameworks from unfamiliar nations dropped from 46% of the all out use in 2018-19 to 36.7% in December 2022, it said in a proclamation. The safeguard report card came when the central government is displaying its accomplishments in various regions on its 10th commemoration.

"India's guard trades have arrived at an unequaled high, flooding from ₹686 crore in FY 2013-14 to almost ₹16,000 crore in FY 2022-23. This wonderful 23-overlap increment mirrors India's advancement in the worldwide guard producing area," the assertion said.

India had on May 19 reported that the worth of guard creation in the nation crossed ₹1 lakh crore interestingly on the rear of key changes to prod development in the area. The figure remained at ₹1,06,800 crore in 2022-23 contrasted with ₹95,000 crore in 2021-22 and ₹54,951 crore quite a while

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India which was known as importing defence equipment ,now exports defence equipment to the world like guns ,missiles, rockets, vehicles. Atmanirbhar campaign benefited domestic design, production and development of defensive equipment