Prime Minister of India Shri Narendra Modi has stated that NDA government set a defense export target of 5 billion dollars in the upcoming five years. The export of defense equipment from India was about 2,000 crore rupees. In the past 2 years, it has gone up to 17,000 crore rupees.
In the upcoming five years, the target is defense export of 5 billion US dollars (approx 35,000 crore rupees). The 11th edition of the mega defense event is being held in Lucknow, Uttar Pradesh. The theme of this event is “India: The Emerging Defence Manufacturing Hub”. The five-day DefExpo is being attended by 38 defense ministers and top executives of 172 foreign defense majors and 856 Indian companies in Lucknow.
Important Takeaways for upcoming competitive Exams-
Did you know that many rivers around the world are compared with one another because…
Did you know that every year the world waits eagerly for one of the biggest…
The major Egypt archaeological discovery has solved a mystery. This mystery that remained unanswered for…
The medieval Gajapathi inscription has been discovered at the Lakshmi Narasimha Swamy Temple in Ramachandrapura…
The process to the appointing State Director General of Police (DGP) has been changed after…
Surya Midha has created headline after matching the youngest billionaire milestone. Earlier this milestone was…