With its ambitious target to achieve Rs 35,000 crore worth of military exports by 2025, the government has drawn up a list of 85 countries that it wants to promote its defence industry in and has empowered its defence attaches across the world to showcase Indian capabilities.
In a new initiative, the defence attaches will be given an annual budget of up to $50,000 each for promoting exports of made-in-India defence products from both public and private sectors by participating in exhibitions, conducting market studies, organising seminars and distributing publicity material. Read More…