Defence exports will touch 24,000cr in FY24, says Sitharaman
![IndiaTimes](https://cdn.newsserve.net/p/indiatimes.jpg)
India's defence exports will reach Rs 24,000 crore by FY24, with current exports at Rs 20,000 crore. Defence forces are signing MoUs with MSMEs for 10-year procurement if standards are met. Bilateral trade includes oil purchases from Russia and talks for Rupee trade with Russia and Sri Lanka. AI will generate domain specific jobs requiring different skill sets, such as optimal fuel usage and smart city waste management. The finance minister challenges fears of job loss, citing the introduction of computers in banking in the 1980s resulting in employment generation.
|
||||
|
||||
You Might Like💡 newsR Knowledge: Other News Mentions
|
BJP chief Nadda to release commemorative stamp in recognition of Indian-origin Tamils in Sri LankaBJP chief JP Nadda will release a commemorative postal stamp in recognition of India-origin Tamils' "toil" in establishing the plantation industry in Sri Lanka....IndiaTimes |
Sri Lanka awards $1.7 billion solar project to Australian firmSri Lanka's government has approved plans to build the country's largest solar energy plant, a 700-megawatt facility in the Kilinochchi district, to address the...IndiaTimes Also reported by •Mid-Day |
Indian envoy visits Sri Lanka's north, underscores India's commitment to countryIndian High Commissioner Gopal Baglay has visited Sri Lanka's Northern Province to emphasise New Delhi's abiding commitment to the development and well-being of...IndiaTimes |