BrahMos To Philippines, Aakash To Armenia: How India Is Faring In World Arms Market And What Lies Ahead

Indian planners must ensure dependence on defence imports continues to reduce and India’s share in world arms export grows. At present is minuscule and less than 1%, compared to world exports.

BrahMos Missile System on display during the Republic Day Parade, on Kartavya Path in New Delhi, on January 26, 2023.

Source : Getty

India has achieved a significant jump in export of defence systems in recent years, but what attracted the attention of rival nations and strategic observers is the decision to sell BrahMos supersonic cruise missiles worth Rs 2,770 crore to the Philippines last year and the deal to supply Aakash surface-to-air anti-aircraft missiles to Armenia, worth Rs 6,000 crore, concluded this month. Besides these cutting-edge technological defence products, the flagship Indian defence aviation platform LCA,