Source: TH Subject: Economics & National Security Context: The debate on building a strong defence industrial base has intensified as India targets ₹3 lakh crore defence production and ₹50,000 crore defence exports by 2029, alongside rising geopolitical instability and supply-chain risks. About India and A Strong Defence Industrial Base: What it is? A defence industrial …
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Source: PIB Subject: Economy Context: India recorded its highest-ever defence production and exports in FY 2024–25 under the Atmanirbhar Bharat initiative, marking a major shift towards indigenous manufacturing. The Government announced ambitious targets to reach ₹3 lakh crore production and ₹50,000 crore exports by 2029, signalling India’s rise as a global defence exporter. About Defence …
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Context: Defence Minister Rajnath Singh announced that the Government aims to expand India’s domestic defence manufacturing ecosystem to ₹3 lakh crore and boost defence exports to ₹50,000 crore by 2029. About Govt. Seeks to Boost Defence Exports: What it is? It refers to India’s strategic roadmap to enhance domestic defence production capacity and increase global …
Context: India’s annual defence production touched a record ₹1.51 lakh crore in FY 2024-25, marking an 18% growth over the previous year and a 90% jump since FY 2019-20, reflecting a stronger domestic defence industrial base. About Defence Production in India FY 2024-25: What It Is? The process of manufacturing weapons, military systems, and defence …
Source: TOI Context: India conducted successful user trials of the Extended Range Anti-Submarine Rocket (ERASR) from INS Kavaratti, demonstrating its enhanced underwater strike capabilities. About Extended Range Anti-Submarine Rocket (ERASR): What is ERASR? The Extended Range Anti-Submarine Rocket (ERASR) is a state-of-the-art underwater weapon system developed indigenously by DRDO to target hostile submarines. It can …
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