DefenceIndian Army

In April To June Period, India Exported Defence Goods Worth Rs 1,387 Billion

Story Highlights
  • The second list consists of 107 main sub-assemblies and Line Replacement Units that are strategically significant.
  • These lists contain a variety of defence goods, such as Light Tanks, Helicopters, and Unmanned Aerial Vehicles, whose import would be prohibited after the dates stated against them.

According to data, India exported defense-related goods worth approximately Rs 1,387 crore during the first quarter of the fiscal year 2022–23 (April–June).

Ajay Bhatt, a minister of state for defence, provided this information regarding exports in a written reply in the Rajya Sabha on Monday.

However, the minister noted, “Names of countries cannot be disclosed owing to strategic concerns.”

During the fiscal year 2021–2022, defence exports totaled Rs 12,815 crore.

In another response pertaining to his department, the minister stated that the Government has implemented reforms and taken a number of policy initiatives in the recent years to encourage domestic design, development, and manufacture of defence equipment. This has helped to promote self-reliance in the nation’s defence manufacturing & technology.

As part of the Defense Acquisition Procedure (DAP)-2020, priority is given to buying capital goods from domestic suppliers. Additionally, 18 major defence platforms have been identified for industry-led design and development, and the foreign direct investment (FDI) policy has been liberalised to allow 74% investment under the automatic route.

The administration also suggested creating two defence industrial corridors, one in each of Tamil Nadu and Uttar Pradesh.

Additionally, the ministry has announced two Positive Indigenisation Lists (PIL) containing sub-systems, assemblies, sub-assemblies, and components in order to reduce import by Defense Public Sector Undertakings (DPSUs) and Department of Defence Production (DDP).

Out of the 2,851 products on the first list, 2,500 have already undergone indigenous production. The second list consists of 107 main sub-assemblies and Line Replacement Units that are strategically significant.

These lists have all been made available to the public on the Ministry of Defense’s MoD/SRIJAN Defense portal website. These lists contain a variety of defence goods, such as Light Tanks, Helicopters, and Unmanned Aerial Vehicles, whose import would be prohibited after the dates stated against them.

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