Defence
- The country’s Defence exports have touched an all-time high of ₹15,920 crore in FY 2022-23
- This is nearly ₹3,000 crore more than the previous fiscal year and a 10-fold increase from 2016-17.
- India currently exports to 85 countries.
- With over 100 companies currently exporting defense products, the Indian industry has showcased its design and development capabilities to the world.
- The growing defense exports and participation of 104 countries in Aero India 2023 is a testament to India’s growing defense manufacturing capabilities.
- Aero India is a biennial air show and aviation exhibition held in Bengaluru, India at the Yelahanka Air Force Station.
- It is organised by the Defence Exhibition Organisation, Ministry of Defence.
- The country exports key platforms such as Dornier-228, 155 mm Advanced Mounted Artillery Guns (ATAGs), BrahMos missiles, Akash surface-to-air missiles, radars, simulators, mine protected vehicles, armored vehicles and Binaka rocket launchers.
- Global demand for light combat aircraft (LCA)-Tejas, light combat helicopters, aircraft carrier, maintenance, repair and overhaul activities is increasing.
- Prime Minister Narendra Modi said this achievement is a clear manifestation of India’s passion for ‘Make in India’.