India's defence exports in past 7 years have crossed Rs 38,000 crore: Rajnath Singh

India has exported defence items worth more than Rs 38,000 crore in the past seven years and the country hopes to become an overall net exporter soon, defence minister Rajnath Singh said on Saturday. "We have an estimated Rs 85,000 crore industry of aerospace and defence. The contribution of the private sector in this has increased to Rs 18,000 crore," he said in his speech at the MSME conclave of the Society of Indian Defence Manufacturers (SIDM).

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