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India’s defence exports stands at Rs 35,777 crore since 2014-15

India exported military hardware and systems worth Rs 35,777 crore in the last seven years, according to a document released by Defence Minister Rajnath Singh on Monday.  

The E-booklet, containing the major reforms carried out by the Ministry of Defence (MoD) in 2020, also mentioned that the defence exports expanded to more than 84 countries.  

“The booklet is a reflection of the resolve of the government, under the able leadership of Prime Minister Narendra Modi, to make the defence sector stronger and more efficient,” Singh said. He confidently said that the reforms undertaken by the MoD will make India a global powerhouse in the defence sector in the times to come.  

According to the document, the value of India’s exports in 2014-15 was Rs 1,941 crore and it increased to Rs 2,059 crore in 2015-16. The value of exports in 2016-17 was recorded Rs 1,522 crore while I went up to Rs 4,682 crore in 2017-18, and Rs 10,746 crore in 2018-19. The value of defence exports was Rs 9,116 crore in 2019-20, and Rs 5,711 crore in 2020-21, according to the details provided in the document.  

The document listed procurements of the Rafale jets, the appointment of the country’s first Chief of Defence Staff, reforms in defence research development, and increasing defence reforms as some of the key initiatives of the government in the defence sector in 2020. 

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