(a) whether India’s defence exports is likely to triple to Rs. 35,000 crore by 2024;
(b) if so, the details thereof;
(c) whether the Government is considering to lower bureaucratic barriers and simplify procedures to promote domestic defence manufacturing; and
(d) if so, the details thereof?
MINISTER OF STATE (SHRI SHRIPAD NAIK)
IN THE MINISTRY OF DEFENCE
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(a) & (b): Various reforms/steps have been taken to enhance Defence exports. These reforms have provided a big boost to defence exports in the recent times. The authorisation for defence exports in the country have grown seven folds in the last two years. The steps taken to promote defence exports is at Annexure I.
(c) & (d): As per Annexure II.
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