India Will Be Among Leading Exporters of Defence Equipment In 10 Years, Says DRDO Chairman

India is set to become a leading exporter of defence equipment within ten years, targeting ₹50,000 crore in exports by 2028 and ₹1 lakh crore by 2035, with a significant decrease in imports. Nearly 90% of last year’s capital acquisition budget was spent on indigenous systems.Kamat said the country’s defence imports have been decreasing, and out of the capital acquisition budget last year, nearly
India is set to become a leading exporter of defence equipment within ten years, targeting ₹50,000 crore in exports by 2028 and ₹1 lakh crore by 2035, with a significant decrease in imports. Nearly 90% of last year’s capital acquisition budget was spent on indigenous systems.Kamat said the country’s defence imports have been decreasing, and out of the capital acquisition budget last year, nearly
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