India Targets Defence Exports of $2 Billion By 2019, Says Manohar Parrikar

by Sudhi Ranjan Sen



Indian defence exports will touch $2 billion – six times the current export of defence equipments - by 2019, Defence Minister Manohar Parrikar said at the Defence Research and Development Organization on Tuesday.



India exported ₹1,100 crore worth of defence equipment in 2013-14, ₹1,582 crore in 2014-15. In 2016, Indian defence equipment exports stood at ₹2,060