new delhi indias export of arms and defence technologies reached an alltime high of rs 15920 crore in the 202223 financial year which represents a 10fold increase since 201617 defence minister rajnath singh announced on saturdayapplauding the achievement pm a modi tweeted excellent a clear manifestation of indias talent and the enthusiasm towards make in india it also shows the reforms in this sector over the last few years are delivering good results our government will keep supporting efforts to make india a defence production hub singh said it was a remarkable achievement asserting that the defence exports will continue to grow exponentially india continues to remain in the strategicallyvulnerable position of being the worlds largest arms importer accounting for 11 of total global imports in 20182022 but over 85 friendly foreign countries in southeast asia central asia the middleeast and africa the export figures have seen a steady rise over last six to seven years the value of defence exports was rs 1521 crore in 201617 rs 4682 crore in 201718 rs 10746 crore in 201819 rs 9116 crore in 201920 rs 8435 crore in 202021 and rs 12815 crore in 202122 tnn