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Defense exports of India
June 6 , 2023
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- India had recorded an extraordinary 23 times rise in military exports during the last 9 years.
- India’s defence exports have reached an all-time high to nearly Rs 16,000 crore ($1.9 billion) in FY 2022-23.
- It was Rs 686 crore ($82 million) in FY 2013-14.
- While India's exports grew, its defence imports declined by 11 per cent between 2013-17 and 2018-22.
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