India Wants to Be One of the World's Biggest Arms Exporters
- South Asian nation seeking to boost defense sales 20-fold
- Small current private-sector role, complex rules are obstacles
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India is seeking to boost arms exports 20-fold in a decade to $3 billion, a push that if successful would transform one of the world’s biggest importers into a major seller of defense equipment.
Steps by Prime Minister Narendra Modi to spur defense manufacturing, if properly implemented, open up the possibility of hitting that figure by 2025, Defense Production Secretary A. K. Gupta said. The challenge is to boost private-sector investment and technological expertise, he said.