Government Taken Steps to Boost Defence Exports

 

New Delhi. In a move to boost the defence sector, the government has taken a number of steps to promote defence exports, including reduction in the time taken for issuing export authorisations, Defence Minister Rajnath Singh told Lok Sabha on December 11.

ads

He said self-reliance in defence production to meet the requirement of the armed forces was imperative from both strategic and economic perspectives.

“Several steps have been taken to promote defence exports, including reduction in the time taken for issuing export authorisations,” he said during the Question Hour.

The minister said these platforms or equipment were exported or supplied to the friendly foreign countries (FFCs) either on commercial terms or by following the lines of credit.

“In view of the strategic sensitivities involved, it is not desirable to disclose the list of such countries,” he said.

big bang

More like this

EDGE Partners with Nicomatic for The Local Supply of Connector Technologies

Abu Dhabi, UAE: At Make it in the Emirates...

EDGE Awards AED 200 Million Contract to Abu Dhabi Cable Harness Manufacturer ECCI

Abu Dhabi, UAE: EDGE, one of the world’s leading...

Zen Technologies Unveils AI Anti-Drone System Capable of Tracking 100+ UAVs

Prayagraj: In a significant step towards strengthening India’s counter-drone...

Mahindra Unveils Rugged Warzone-Ready ATV for Indian Military

Prayagraj: India’s defence mobility capabilities received a boost this...

MBDA to Implement MICA Missiles MRO Capabilities in India

New Delhi: MBDA has signed an agreement with the...

From Drones to Hypersonics: Türkiye’s Relentless March Toward Strategic Firepower

On the bustling floors of Istanbul’s defence expo SAH...
Indian Navy Special Edition 2025spot_img