India's defense exports reach all-time high of 2.63 bln USD

NEW DELHI, April 1 (Xinhua) -- India's defense exports reached an all-time high of 2.63 billion U.S. dollars during the financial year 2023-24 running from April 2023 to the end of March 2024, announced the federal government on Monday.

The figure registered a 32.5 percent growth over the last financial year, it said.

The data indicated that the defense exports have grown by 31 times in the last 10 years as compared to the financial year 2013-14, said a statement issued by the ministry of defense.