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UP approves Rs 50,000 crore aerospace, defence policy to create 1 lakh jobs

UP approves Rs 50,000 crore aerospace, defence policy to create 1 lakh jobs

The Ministry of Defence has set a target to double the country’s Aerospace and Defence (A&D) production to $25 billion and exports to $5 billion by 2025-26. By 2047, the A&D manufacturing sector is expected to contribute 25% to the nation’s GDP.

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