[ad_1]
He stated the federal government has issued 4 lists of 4,666 defence parts whose import is banned, leading to large financial savings.
“India, for the primary time, is main a bunch of high 25 international locations in defence export as it’s turning into self-reliant in defence manufacturing. “The defence exports rose from Rs 4,682 crore in 2017-18 to Rs 15,916 crore in 2022-23. (Defence) export until December 2023 is about Rs 9,428 crore,” the Union minister added.
Bhatt stated virtually all defence PSUs are in revenue after the ordnance factories have been decentralised.
He stated the defence ministry is selling innovation and expertise.
[ad_2]
Source link