Rajnath Singh at IIT Kanpur's 65th Foundation Day: defence exports to reach ₹50,000 crore by 2029-30
On 2 November 2024 at IIT Kanpur, Raksha Mantri Rajnath Singh urged youth to develop high-end technologies indigenously and said defence exports will reach ₹50,000 crore by 2029-30.
Summary
On 2 November 2024, addressing the 65th Foundation Day celebrations of IIT Kanpur, Uttar Pradesh, Raksha Mantri Rajnath Singh called on youth to indigenously develop the high-end technologies India imports. He said defence exports, around ₹600 crore ten years ago, crossed a record ₹21,000 crore in 2023-24 and will reach ₹50,000 crore by 2029-30. MoUs were signed at the event, including IIT Kanpur's collaborations with BEML and Hindustan Aeronautics Limited (HAL).
Key facts
- Date/place
- 2 Nov 2024, IIT Kanpur (UP)
- Occasion
- 65th Foundation Day of IIT Kanpur
- Defence exports
- ~₹600 crore ten years ago; over ₹21,000 crore in FY 2023-24
- Target
- ₹50,000 crore by 2029-30
- MoUs
- IIT Kanpur with BEML and HAL, among others
Practice MCQs 3 questions
According to Rajnath Singh (2 November 2024), India's defence exports crossed what record figure in FY 2023-24?
Show answer
Correct answer: C — ₹21,000 crore
PIB (Defence): defence exports, around ₹600 crore ten years ago, crossed a record ₹21,000 crore in FY 2023-24.
At IIT Kanpur in November 2024, Rajnath Singh said defence exports will reach what level by 2029-30?
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Correct answer: B — ₹50,000 crore
PIB (Defence): he expressed confidence that defence exports will reach ₹50,000 crore by 2029-30.
Consider the following about the IIT Kanpur event of 2 November 2024: 1. It marked the 65th Foundation Day of IIT Kanpur. 2. MoUs signed included IIT Kanpur's collaborations with BEML and HAL. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
PIB (Defence): Rajnath Singh addressed the 65th Foundation Day of IIT Kanpur, where MoUs included IIT Kanpur's collaborations with BEML and HAL.