This year, India signed several significant defense export deals, including a massive $375 million contract with the Philippines for BrahMos supersonic missiles. Apart from this, a $ 155 million contract has been signed with Mauritius for the modern version of the advanced light helicopter (ALH Mark III), and with another country, private firm ‘Kalyani Strategic Systems’ for artillery guns.
At the same time, India is going to introduce its indigenously built light combat aircraft Tejas in the African and South Asian markets. According to the Ministry of Defence, India exports personal protective equipment, offshore patrol vessels, ALH helicopters, SU avionics, Bharti radios, Coastal Nigren systems, Kavach MoD II launchers, and FCS, radars, electronic systems, and light engineering machinery parts.
It is shipped to around 84 countries, including Italy, Maldives, Sri Lanka, Russia, France, Nepal, Mauritius, Israel, Egypt, UAE, Bhutan, Ethiopia, Saudi Arabia, the Philippines, Poland, Spain, and Chile.
Steps were taken to streamline exports
In the last few years, the government has implemented several policies to promote defense exports. Its purpose is not only to increase revenue but also to improve diplomatic relations with other countries. It also includes the creation of a new export promotion cell under the Ministry of Defense to coordinate export-related activities, issue notification of schemes for providing financial assistance to India’s defense partners, increase the validity of export authorization, and The scheme for the promotion of defense exports, which includes giving manufacturers access to the testing infrastructure of the Ministry of Defense for verification of their products, works for him. Along with this, the Ministry of Defense has also prepared a Defense Production and Export Promotion Policy, which is currently awaiting cabinet approval.