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Reading: US, France, Armenia Emerge as India’s Top Defence Export Customers
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Home » US, France, Armenia Emerge as India’s Top Defence Export Customers

Indian Defence News

US, France, Armenia Emerge as India’s Top Defence Export Customers

By Gauri Agarwal
Last updated: October 27, 2024
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Amid a robust push to increase exports of indigenous defence equipment, the United States, France, and Armenia have emerged as the top three customers for Indian military exports, according to official sources.

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India is currently exporting military equipment to over 100 countries worldwide. The top three customers in the last financial year include the US, France, and Armenia. This growth reflects the efforts of the Defence Ministry to enhance domestic production and increase Indiaโ€™s footprint in the global defence market.

Key Export Highlights:

  • United States: Indiaโ€™s exports to the US include a significant number of aircraft and helicopter parts, manufactured by Indian firms for global defence giants like Lockheed Martin and Boeing.
  • France: Exports to France are dominated by software and electronic equipment, showcasing Indiaโ€™s strength in advanced technology and digital systems.
  • Armenia: Exports to Armenia include critical military hardware such as ATAGS (Advanced Towed Artillery Gun Systems), Pinaka multi-barrel rocket launcher systems, Swathi weapon locating radars, and other essential systems.

The Defence Industrial Base in India has been expanding steadily, featuring 16 Defence Public Sector Units (DPSUs), 430 licensed firms, and 16,000 medium and small-scale enterprises. This growth has led to a significant increase in defence production, with the total value rising nearly threefold since 2014-15. The production value has jumped from Rs 46,429 crore in 2014-15 to Rs 1.27 lakh crore in the last fiscal year, with the private sector contributing around 21% of this output.

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Indiaโ€™s defence industry is known for producing major platforms like the LCA Tejas fighter jets, aircraft carriers, warships, submarines, Dhanush Artillery Gun System, MBT Arjun, and Advanced Towed Artillery Gun System (ATAGS). Other notable productions include Light Specialist Vehicles, High Mobility Vehicles, Weapon Locating Radar, 3D Tactical Control Radar, Software Defined Radios, and the Akash Missile System.

The focus on indigenization and export growth aligns with Indiaโ€™s vision of becoming a global defense manufacturing hub, strengthening its strategic partnerships, and ensuring self-reliance in defense capabilities.

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TAGGED:Indian Army
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ByGauri Agarwal
Dynamic HR and Content Head at SSBCrackExams. A seasoned defense enthusiast learning military strategies and technologies.
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