{"id":194946,"date":"2022-07-09T18:06:10","date_gmt":"2022-07-09T12:36:10","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=194946"},"modified":"2022-07-09T18:06:10","modified_gmt":"2022-07-09T12:36:10","slug":"defence-exports-touch-%e2%82%b913000-crore-official","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/defence-exports-touch-%e2%82%b913000-crore-official\/","title":{"rendered":"Defence exports touch \u20b913,000 crore: official"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201cDefence exports touch \u20b913,000 crore: official<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in <\/span><b>The Hindu on 9th July 2022<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">India\u2019s defence exports touched a record Rs. 13,000 crores in the 2021-2022 fiscal.<\/span><\/p>\n<h5><b>About India\u2019s Defence Exports<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">For the first time, India\u2019s defence exports have reached Rs 13,000 crore in 2021-2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This <strong>increase in defense exports is almost \u201ceight times\u201d<\/strong> what it was around five years ago.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <strong>US was a major buyer of India\u2019s defense exports<\/strong>. Other countries were from Southeast Asia, West Asia, and Africa.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>The private sector accounted for 70% of the defence exports,<\/strong> while public sector firms accounted <\/span><span style=\"font-weight: 400;\">for the rest.<\/span><\/p>\n<p><b>Note: <\/b><span style=\"font-weight: 400;\">Earlier, the private sector used to account for 90%, but now the share of defense public sector units has gone up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The reason behind the rise in public sector share is due to the Rs 2,500 crore deal that India made with the Philippines for the BrahMos missiles.<\/span><\/p>\n<h5><b>What is the Artificial<\/b><b> Intelligence in Defence(AIDef) symposium?<\/b><\/h5>\n<p><b>Organized by: <\/b><span style=\"font-weight: 400;\">Department of Defence Production, Ministry of Defence.<\/span><\/p>\n<p><b>Purpose: <\/b><span style=\"font-weight: 400;\">To showcase the cutting-edge AI-enabled solutions developed by the Industry, start-ups &amp; innovators.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the event, <\/span><b>75 newly-developed AI products\/<\/b><span style=\"font-weight: 400;\">technologies having applications in defense will also be launched.<\/span><\/p>\n<p><b>The products are in the domains of<\/b><span style=\"font-weight: 400;\"> automation\/unmanned\/robotics systems, cybersecurity, human behavior analysis, intelligent monitoring system, logistics and supply chain management, speech\/voice analysis, and Command, Control, and Communication.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cDefence exports touch \u20b913,000 crore: official\u201d published in The Hindu on 9th July 2022 What is the News? India\u2019s defence exports touched a record Rs. 13,000 crores in the 2021-2022 fiscal. About India\u2019s Defence Exports For the first time, India\u2019s defence exports have reached Rs 13,000 crore&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/defence-exports-touch-%e2%82%b913000-crore-official\/\">Continue reading <span class=\"screen-reader-text\">Defence exports touch \u20b913,000 crore: official<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,9],"tags":[10498],"class_list":["post-194946","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704917606},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/194946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=194946"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/194946\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=194946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=194946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=194946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}