ARTICLE · 10 NOVEMBER 2022

Defence Exports On Mind, Can Compliance Be Far Behind?

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At the recently concluded Defexpo 2022, our Defence Minister reiterated India's defence export target worth $5 billion by 2025.

IndiaInternational Law

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At the recently concluded Defexpo 2022, our Defence Minister reiterated India's defence export target worth $5 billion by 2025. Focussed on turning India into a net exporter from being a net importer, it was emphasised that the target reflects the intent of making India an export-oriented defence manufacturing hub.

India's arms exports are said to have grown to US$ 1.5 billion during FY 2021-22 with Mauritius, Mozambique and Seychelles becoming major buyers of arms during 2017-2021. The proposed agreement to co-develop Air Launched UAVs under the India-US Defence Technology and Trade Initiative is seen to be the starting point for more such projects. The United States has categorised India as a "Major Defence Partner" and is seeking to enhance India's ability to deter China.

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