MHOW (MP): Defence Minister Rajnath Singh said on Monday that India's defence exports have crossed a record Rs 21,000 crore from Rs 2,000 crore a decade ago.
Addressing officers at the Army War College (AWC) in more than two-centuries-old Mhow Cantonment, Singh said a target has been set to achieve defence exports of Rs 50,000 crore by 2029.
He said mastering frontier technologies is the need of the hour in the constantly evolving times, noting that military training centres are playing a crucial role in equipping and readying soldiers to deal with future challenges.
"Our defence exports, which were around Rs 2,000 crore a decade ago, have crossed the record figure of Rs 21,000 crore today. We have set an export target of Rs 50,000 crore by 2029," Singh said.
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