Skip to content

India’s defence exports expected to cross Rs 13,000 cr; USA largest importer


brahmos-missile-bccl

Photo : BCCL

Gandhiagar: India’s Defence secretary Ajay Kumar while speaking to media persons said that India’s defence exports are anticipated to surpass the Rs 13,000 crore milestone reached last year.

He also said that the US is the top purchaser of the nation’s defence goods.

The preparations for DefExpo 2020, which will take place in Gandhinagar from October 18–22, were reviewed by Kumar in Gandhinagar during his recent visit.

He noted that India’s defence exports had increased eightfold over the past four to five years. We aspire to surpass the record-breaking Rs 13,000 crore in defence exports we reached last year in the upcoming years. Today, the products that our sector produces are unique and original. We are developing our own proprietary technology, he said.

India exports more parts, components, and sub-assemblies for different platforms to the United States than any other country in the world. Other than this, South East Asian nations, Armenia, the Philippines, and Israel. India will also be exporting to South America in the coming days.
It will also mark the virtual opening of a new Indian Air Force (IAF) base constructed at Deesa close to the Pakistan-India border. Gujarat now has air bases in the cities of Vadodara, Jamnagar, Bhuj, and Naliya in the Kutch district.
At the DefExpo, Rajnath Singh, the Indian defence minister, will preside over the second India-Africa defence discussion on October 18 and is scheduled to do the same for the IOR+ Defence Ministers conference on October 19.
There will be more than 25 defence ministers in attendance from the Indian Ocean Region (IOR) and other nations.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *