Profits of Indian Defence Sector Soar To New Heights

The rise of Indian defence manufacturers has helped the country increase its defence exports by 24% from 2021 to 2023. In 2023, the Ministry of Defence marked a historic year with defence exports reaching ₹16,000 crore, almost ₹3,000 crore more than the previous year. This is a 10-fold increase from 2016.The Ministry of Defence marked a historic year in 2023, witnessing a surge in defence exports
The rise of Indian defence manufacturers has helped the country increase its defence exports by 24% from 2021 to 2023. In 2023, the Ministry of Defence marked a historic year with defence exports reaching ₹16,000 crore, almost ₹3,000 crore more than the previous year. This is a 10-fold increase from 2016.The Ministry of Defence marked a historic year in 2023, witnessing a surge in defence exports
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