Correction: I was on GAE Java v1.9.63 before the upgrade.
I'm using App Engine Maven Plugin. I was on v1.3.2.
I performed 'mvn clean', and this time the size reduced to 31.6 MB (still about 1.8 times the original)
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I've since upgraded to the plugin v2.2.0 (latest as of now), and still the app size is 31.6 MB.
Curious to know what caused the bump from ~17 MB to ~32 MB without any code or other configuration changes to the project.