New Delhi considers exports essential for meeting the DPrP-2018 target of making India one of the world's top five defence producers by 2025
The association will effectively be a nodal agency for receiving and processing export inquiries from all prospective customers across the globe.
India had produced defence-related equipment worth Rs 80,000 crore in 2018-19, of which Rs 11,000-crore worth armaments were exported
He said the growth in defence export was possible due to the government's reforms, which made it easier for private companies to enter the defence sector
Defence minister says push in exports is showing results, having almostdoubled to reached $350 mn