India’s defence exports more than double
NEW DELHI: India’s defence exports have more than doubled to nearly Rs 11,000 crore on the back of recent policy liberalisation and access to the US market, given a large amount of offsets being executed by domestic companies.
The increase in defence exports — to Rs 10,745 crore in 2018-19 from Rs 4,682 crore in 2017-18 — is expected to move up exponentially, with the Rajnath Singh-led defence ministry going ahead with a new general export licence plan. It will enable Indian companies t ..
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//economictimes.indiatimes.com/articleshow/69835284.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
NEW DELHI: India’s defence exports have more than doubled to nearly Rs 11,000 crore on the back of recent policy liberalisation and access to the US market, given a large amount of offsets being executed by domestic companies.
The increase in defence exports — to Rs 10,745 crore in 2018-19 from Rs 4,682 crore in 2017-18 — is expected to move up exponentially, with the Rajnath Singh-led defence ministry going ahead with a new general export licence plan. It will enable Indian companies t ..
Read more at:
//economictimes.indiatimes.com/articleshow/69835284.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst