Just a few months back Bharat’s Defence Minister Rajnath Singh had announced that Bharat’s Defence exports have hit a record high of ₹21,083 crore in FY23-24. This is up from 32.5% over the previous fiscal year.
The defence minister had highlighted that there has been a significant expansion of private sector and Defence public sector undertakings. He said, “Defence ministry has taken several initiatives to spur India’s defence manufacturing and exports.”
He had posted on X, “Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed ₹21000 crore mark for the first time in the history of Independent India.”
Just a few months ago, he had also stated how India’s Defence manufacturing capabilities are a reflection of Atmanirbhar Bharat. He had stated, “Our total defence manufacture stands at a monumental one lakh crore. Try figuring it out by scribbling the number, in digits, on a piece of paper. This shows India is becoming self-reliant (Atmanirbhar) and leaders across the world acknowledge that 21st century shall belong to India.”
Towards Atmanirbharta…
It is truly commendable that Bharat has been able to expand its manufacturing capabilities. It has started exporting defence equipments like LCA-Tejas, aircrafts and light combat helicopters etc. Recently, Bharat has delivered its first batch of supersonic Brahmos missile to Philippines. Furthermore, as per Mint report, Bharat is exporting its defence goods to more than 85 nations. More than a hundred companies are already exporting defence goods. Several highly advanced defence weapons, including Brahmos missiles and 155 mm Advanced Towed Artillery Guns, have been exported to other countries.
Moving ahead the Defence Minister, had also unveiled its Fifth positive indigenisation list of PIL consisting of 98 items during the “Swavlamban 2.0” session. Recently, Bharat also successfully launched RudraM-II and SMART missiles which will further bolster our self- reliance and take us closer and closer towards greater Atmanirbharta.