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| 1. |
Who released draft Defence Production and Export Promotion Policy 2020; aimed at $5 billion export by 2025? |
| Answer» On August 3, 2020, the Ministry of Defence (MoD) publicized a draft 'Defence Production & Export Promotion Policy (DPEPP) 2020for public feedback by August 17, 2020 after which the policy would be promulgated by the MoD. The policy aims to achieve a manufacturing turnover of $25 bn or Rs 1,75,000 crore, including exports of $5 bn or Rs 35,000 Crore in aerospace and defence goods and services by 2025. | |