CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India is to achieve the USD five billion defence export target by which year?
A
2022
B
2024
C
2026
D
2030
Explanation: 

Detailed explanation-1: -India has set a target to achieve defence exports worth $5 billion and an overall turnover of $22 billion in production by 2025, defence minister Rajnath Singh said on Thursday.

Detailed explanation-2: -After PM Modi asked the defense companies to achieve the target of USD 5 billion in exports, Indian entities, including both private and public firms, are taking steps to enhance their foreign sales.

Detailed explanation-3: -Narendra Modi sets target of Rs. 40, 000 crore (US$ 5 billion) in defence exports at DefExpo 2022 | IBEF.

Detailed explanation-4: -India has exported defence equipment and technology to Italy, Sri Lanka, Russia, Maldives, Mauritius, Nepal, France, Sri Lanka, Egypt, Israel, Bhutan, UAE, Saudi Arabia, Ethiopia, Philippines, Poland, Spain and Chile.

There is 1 question to complete.