India's defence exports hit record highs as global demand surges for indigenous weapon systems like BrahMos, Akash, Astra, and the AI-driven Akashteer.
During a typical air combat situation, two fighter jets could be dozens of kilometres apart that make direct visual contact impossible. The aircraft’s radar first detects and tracks the enemy plane. Once the target is locked, the pilot launches the missile.
During a typical air combat situation, two fighter jets could be dozens of kilometres apart that make direct visual contact impossible. The aircraft’s radar first detects and tracks the enemy plane. Once the target is locked, the pilot launches the missile.
Officials said the number shows a 62% rise compared to the previous year, while India has now set a target of Rs 50,000 crore in defence exports by 2029-30.
The ongoing wars between US-Israel alliance and Russia and Ukraine have disrupted international defence supply chains, pushing nations to look for alternatives. India is emerging as the main supplier in this new arena.
India is on the verge of finalising $450 million in BrahMos missile deals, fuelled by the weapon’s proven precision during Operation Sindoor, attracting global attention from friendly nations and defense buyers.
While also serving as a message to China, experts believe, it could strengthen India’s battlefield edge from the mountains of Ladakh to the LoC.
The Indian armed forces are projected to spend around USD 130 billion in capital procurement in the next five years On Aug 9, Rajnath Singh said the Defence ministry was now ready for a "big push" to indigenous defence manufacturing in tune with "Atmanirbhar Bharat" India is one of the most lucrative markets for global defence giants. The country has figured among the top three global importers of military hardware for the last 8 years
Defence Minister Manohar Parrikar today said India will pitch for the sale of state-of-the-art indigenously built missile systems in the global market to earn foreign exchange as the country was emerging as a global defence manufacturing hub.