Aim to achieve turnover of Rs 1,75,000 cr in aerospace, defence goods by 2024: Rajnath Singh

Defence Minister Rajnath Singh on implementation of Union Budget provisions in the Defence Sector said that Ministry of Defence has set a target to achieve a turnover of Rs 1,75,000 in aerospace & defence goods and services by the year 2024. “Ministry of Defence aims to achieve a turnover of Rs 1,75,000 Cr (US$ 25 Bn) including export of Rs 35,000 Crores (US$ 5 Bn) in aerospace and defence goods and services by the year 2024,” said Defence Minister.