India's defense exports hit $1.6 billion in May 2019, aims for $5 billions in 2021

[Indx-techs]

India’s defence exports more than double

85 nations on radar to push sale of Made-In-India military goods

 

[Indx-techs]

2014-15 ₹1940 crores ($280 millions)

2015-16 ₹2059 crores ($300 millions)

2016-17 ₹1521 crores ($220 millions)

2017-18 ₹4682 crores ($680 millions)

2018-19 ₹11,000 crores ($1.6 billion)

2025-26 ₹35,000 crores ($5.1 billions) Scheduled

 

[AMCA]

OK !! Now this is exciting.

 

[prashantazazel]

This is awesome!

 

[Goku]

Thats the benefit of offset obligations in multi billion dollar defence deals , now even India orders more Rafale , Dassault with its Reliance JV will manufacture its components in India for all costumers

 

[alee92nawaz]

India’s defence exports more than double

85 nations on radar to push sale of Made-In-India military goods

Mubarak ho.

 

[Zee-shaun]

That's an impressive hike in exports
What weapons are being exported?
Who are the top 5 buyers?

 

[Chhatrapati]

That's an impressive hike in exports
What weapons are being exported?
Who are the top 5 buyers?

US is the top market, followed by Israel and EU. We are exporting parts i.e as contractors, not whole weapons.

 

[Zee-shaun]

US is the top market, followed by Israel and EU. We are exporting parts i.e as contractors, not whole weapons.

That's what I was expecting indeed. Thx.

 

[Goku]

That's what I was expecting indeed. Thx.

Basically fulfilling offset obligations , nothing impressive tbh

 

[Zee-shaun]

Basically fulfilling offset obligations , nothing impressive tbh

It's a good way to make money and to portray india as a manufaturing house. Well done.

 

[Cobra Arbok]

It's a good way to make money and to portray india as a manufaturing house. Well done.

At the end of the day, money is what matters

 

[faithfulguy]

Basically fulfilling offset obligations , nothing impressive tbh

I see. So if India supply tech support to US military. It count as an export.

Or Are these only value added components exported to US and EU for military equipment that India have planned to purchase?

 

[Goku]

I see. So if India supply tech support to US military. It count as an export.

Or Are these only value added components exported to US and EU for military equipment that India have planned to purchase?

Dont know about tech support but India does components for eg Tata supplies fuselage of Apache helis to Boeing from their JV and israelis also have JVs with Indian companies

 

[Han Patriot]

I see. So if India supply tech support to US military. It count as an export.

Or Are these only value added components exported to US and EU for military equipment that India have planned to purchase?

It's an ego massage, so they will be dependent on imports. Most likely it's some assembly shit and call center service, then it's considered offset. They feel happy while the West milks them off billions.

If we really want to quantify, you would find alot of Chinese components inside the US military. Hell we should include DJI in military sales.