Rs. 35,000 crore worth growth in Indian Defence in next five years, says Army Chief
New Delhi, Oct. 18 -- Army Chief Bipin Rawat, on Friday said, acting with an aim to boost Prime Minister Mr. Narendra Modi's Make in India programme, Indian Defence industry is not just arming its Defence sector but also is becoming export-oriented. He further said India's defence exports are all set to witness growth worth Rs. 35,000 crore in the coming five years.
While speaking at an event of Indigenous Defence Equipment Exporters Association Mr. Rawat said, "We are manufacturing weapons and equipment not just to arm our defence forces but we are now gradually becoming an export-oriented defence industry and our defence export which currently range in the region of just about Rs. 11,000 crores annually is set to grow to approximately ...
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