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Defence Exports

India dispatches first Akash air defence missile battery for export: BEL

Akash surface-to-air missile system battery being exported to 'friendly foreign country', widely speculated to be Armenia, though not officially confirmed

India dispatches first Akash air defence missile battery for export: BEL
Updated On : 12 Nov 2024 | 4:18 PM IST

Indian defence exports: From BrahMos to Akash, who are the major buyers?

India's defence exports touched a record Rs 21,083 crore in FY24

Indian defence exports: From BrahMos to Akash, who are the major buyers?
Updated On : 28 Oct 2024 | 1:04 PM IST

Ukraine reportedly using Indian arms against Russia: How and why explained

Moscow has raised concerns about artillery shells sold by Indian manufacturers to European customers turning up in Ukraine, but New Delhi does not appear to have taken action to stop such transfers

Ukraine reportedly using Indian arms against Russia: How and why explained
Updated On : 19 Sep 2024 | 2:09 PM IST

Armenia may ask India to upgrade its Su-30s, buy Astra missiles: Here's why

Armenia became the largest foreign recipient of Indian weapons in 2020, with defence contracts with India amounting to an estimated $2 billion

Armenia may ask India to upgrade its Su-30s, buy Astra missiles: Here's why
Updated On : 16 Sep 2024 | 2:40 PM IST

India now among top 25 global defence exporters: Economic Survey 2023-24

Economic Survey 2023-24 says India has gone from being world's second-largest arms importer between 2015 and 2019 to securing a place in the list of the top 25 arms exporter nations

India now among top 25 global defence exporters: Economic Survey 2023-24
Updated On : 22 Jul 2024 | 4:16 PM IST

Defence ministry tightens control on exports, increases equipment oversight

Governments of countries purchasing arms must declare that they will not send the defence exports from India to any other country

Defence ministry tightens control on exports, increases equipment oversight
Updated On : 28 May 2024 | 3:18 PM IST

India's FY24 defence exports jump record 32.5%, touch Rs 21,083 crore

These figures indicate that the defence exports have grown by 31 times in the last decade

India's FY24 defence exports jump record 32.5%, touch Rs 21,083 crore
Updated On : 01 Apr 2024 | 11:25 PM IST

Defence exports: A strategic imperative

India's rise as a reliable exporter of defence equipment provides an excellent opportunity to embellish its growing stature on the global stage

Defence exports: A strategic imperative
Updated On : 15 Feb 2024 | 10:56 PM IST

India's defence exports cross Rs 6,000 crore in FY24, shows DDP data

Total defence exports over the last five years has now crossed Rs 52,000 crore

India's defence exports cross Rs 6,000 crore in FY24, shows DDP data
Updated On : 17 Oct 2023 | 6:00 PM IST

An ode to start-ups in defence

Policy initiatives like Idex have put the defence industry on the path to self-reliance. It is time now to expand and build upon this success to achieve the broader objective of Make in India

An ode to start-ups in defence
Updated On : 21 Jun 2023 | 9:46 PM IST

India is taking its place on global economic map due to Modi: Rajnath Singh

Rajnath Singh stated that efforts were being made to create a strong, and tech-savvy armed forces on the back of a robust defence industry

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Updated On : 02 Jun 2023 | 4:39 PM IST

DRDO assures all possible support to make India a net defence exporter

Secretary Department of Defence R-D and Chairman of the Defence Research and Development Organisation (DRDO) Samir V Kamat assured all possible support to make India a net defence exporter

DRDO assures all possible support to make India a net defence exporter
Updated On : 29 May 2023 | 7:07 AM IST

China's arms exports declined by 23% in 10 yrs, signaling stockpiling

"Chinese companies may be already sending Russia electronic parts for anti-aircraft missile radars," Geopolitica wrote citing the US-based Centre for Advanced Defense Studies.

China's arms exports declined by 23% in 10 yrs, signaling stockpiling
Updated On : 14 Apr 2023 | 7:00 AM IST

India's defence equipment exports reach Rs 16,000 crore this year

This amounts to a ten-fold increase since 2016-17, when exports were Rs 1,521 crore

India's defence equipment exports reach Rs 16,000 crore this year
Updated On : 01 Apr 2023 | 8:41 PM IST

Defence exports will rise up to Rs 40,000 cr by 2026: Rajnath Singh

India would be exporting defence equipment and material worth Rs 35,000 to Rs 40,000 crore by 2026, Union minister Rajnath Singh said on Tuesday. The defence minister was delivering the Field Marshal Sam Manekshaw memorial lecture here on 'The role of youth in nation building', organized by Symbiosis International University. "First, there should be a sense of self-confidence that we will make India 'atmanirbhar' (self-reliant). In 2014, we used to do defence exports of only Rs 900 crore, but since India has adopted Indianization (program), today we are doing the defence export of Rs 15,000 crore to Rs 16,000 crore," he said. He was confident that by 2026, defence sector exports would rise to Rs 35,000 to Rs 40,000 crore, the minister added. "There is a need to create an eco-system, and more than the eco-system, there is a need to generate self-confidence among ourselves, as with self-confidence, anything is possible," he added. He was proud of the defence forces which are now ...

Defence exports will rise up to Rs 40,000 cr by 2026: Rajnath Singh
Updated On : 28 Mar 2023 | 10:37 PM IST

India exported military hardware worth Rs 13,399 crore in current fiscal

India exported military hardware worth Rs 13,399 crore till March 6 in the current fiscal, a significant increase from just Rs 4,682 crore in 2017-18, according to official data. The details of the year-wise export of military hardware were provided in the Rajya Sabha by Minister of State for Defence Ajay Bhatt while replying to a question. Bhatt said the total defence exports in 2021-22 stood at Rs 12,815 crore while it was Rs 8,435 crore in 2020-21, Rs 9,116 crore in 2019-20 and Rs 10,746 crore in 2018-19. The amount in 2017-18 was Rs 4,682 crore. The minister said the total value of defence exports till March 6 in the current fiscal was Rs 13,399 crore. "The government has given focus on the indigenisation of various defence items to achieve 'Aatmanirbharta' (self-reliance). The indigenised items made from local resources become globally cost competitive and it also facilitates integration of MSMEs in the global supply chain," Bhatt said. "The new technologies developed by DRDO

India exported military hardware worth Rs 13,399 crore in current fiscal
Updated On : 13 Mar 2023 | 7:36 PM IST

India aims to triple defence exports to $5 bn, sell fighter jets, choppers

Indian Prime Minister Narendra Modi on Monday set out ambitions to more than triple annual defence exports to $5 billion over the next two years, as arms firms flocked to a major air show for a slice

India aims to triple defence exports to $5 bn, sell fighter jets, choppers
Updated On : 13 Feb 2023 | 11:44 PM IST

Top Headlines: Manufacturing firms shine, defence exports treble, and more

Business Standard brings you the top headlines at this hour

Top Headlines: Manufacturing firms shine, defence exports treble, and more
Updated On : 20 Dec 2022 | 9:22 AM IST

Defence, aerospace exports treble to Rs 12,815 cr in 5 years: Govt

Foreign procurement in defence rises to Rs 50,061 cr

Defence, aerospace exports treble to Rs 12,815 cr in 5 years: Govt
Updated On : 19 Dec 2022 | 11:48 PM IST

Has India finally buried the Bofors ghost with export of big guns?

India is turning the corner in defence equipment manufacturing. PM Modi recently said India's defence exports have shot up eight times since 2014. So have we finally laid the ghost of Bofors to rest?

Has India finally buried the Bofors ghost with export of big guns?
Updated On : 18 Nov 2022 | 1:51 PM IST