India defense export.

Discussion in 'Defence & Strategic Issues' started by IndianHawk, Jun 19, 2019.

  1. IndianHawk

    IndianHawk Senior Member Senior Member

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    Good report . Defense export doubled. 11000cr.

    https://economictimes.indiatimes.co...rts-more-than-double/articleshow/69835284.cms

    Mostly driven by defense offsets. Interesting is that USA is the prime destination through offset clause importing 5000cr value items. While Europe and islrael follow closely.

    Russian are far behind in reciprocating Indian purchase with offsets.

    New liberal license policy for faster exports.

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  3. IndianHawk

    IndianHawk Senior Member Senior Member

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  4. Aaj ka hero

    Aaj ka hero Regular Member

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    WE have to say to Russia "let our companies do 50/50 with your companies(only company people no fsb agents no dallal agents) or allow us to buy some of your defence startups" .
    Only then I see something worthwhile moving then in india Russia relationship.
     
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  5. IndianHawk

    IndianHawk Senior Member Senior Member

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    I think Russian don't do offset but they help where nobody else does ex. Nuke sub , SSN lease , sfdr , bramhos etc.

    Anyway Indian defense budget has surpassed Russia now and soon India will catch up in many technologies just like china Indian dependence on Russia will steadily decline now.

    It's only joints ventures in future no direct imports.

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  6. Indx TechStyle

    Indx TechStyle War Mongerer Veteran Member Senior Member

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  7. IndianHawk

    IndianHawk Senior Member Senior Member

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    That's too deep with privatisation and industrialization part. India is on cusp of becoming a major player. We can have a separate thread for purely defense export orders / possiblity and politics of it.

    This is from Bharat Rakshak
    Year Defence Exports in INR crores

    2014-15 1940

    2015-16 2059

    2016-17 1521

    2017-18 4682

    2018-19 10,745

    India's Defence exports has gone up by 5 times in last 5 years validating Successful #MakeInIndia

    This is scorching pace although from a very low base. Good days ahead.

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