defence exports

Defence Exports: 2023 witnesses record defence exports, all-time high productions

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Defence Exports: 2023 witnesses record defence exports, all-time high productions

NEW DELHI: In the year 2023 the ministry of defence it witnessed defence exports reaching an all-time high–almost Rs 3,000 crore more than the previous financial year–and defence productions crossing the figure of Rs one lakh crore for the first time.The year also saw growing ‘global’ demand for LCA-Tejas, light combat helicopters, aircraft carriers and … Read more

Boost for defence exports! India to export Akash air defence system to Armenia in Rs 6,000 crore deal

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Boost for defence exports! India to export Akash air defence system to Armenia in Rs 6,000 crore deal

India is set to export its indigenous anti-air system to Armenia, strengthening its trade relations with the Asian country. This deal adds to the growing list of defence exports, including multi-barrel rocket launchers, artillery guns, ammunition, and drones.According to sources quoted by ET, Bharat Dynamics Limited(BDL) will manufacture and deliver the Akash anti-air systems as … Read more