Private Companies Driving India’s Defence Export Growth Reveals Government Data

Department of Defence Production in India has launched a new website ” ddpdashboard.gov.in” which has a live dashboard putting out important information regarding the production of defense equipment in the country and as per information provided in the above chart India’s defense exports have more than doubled to nearly Rs 11,000 crore on the back of recent policy liberalization and access to the US market, given a large number of offsets being executed by domestic companies. In 2018-19, India achieved defense export orders worth 10,745.77 Cr but a major chunk of those are coming from Export Authorizations given to Private Companies which make up 9,812.91 Cr leaving less than 10% achieved by Export by Defence Public Sector Undertakings/Ordnance Factory Board which stands at 932.86 Cr.Read More…