India introduces policies to support further growth in defence exports

Key Points

  • India’s Ministry of Defence continues to introduce policies and measures to drive military exports
  • Statistics announced by the MoD earlier this year suggest the strategy is having a positive effect

The Indian Ministry of Defence (MoD) has introduced another round of procedures and guidelines to support increases in defence exports.

The latest series of policies provide guidance to Indian companies in engaging with foreign agents, measures to accelerate the signposting of export opportunities, and encouraging local industry to engage directly with export customers.

These measures are expected to be followed up by a policy that will allow the MoD to export Indian military equipment to “friendly” countries at discounted prices. Read more

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