India seeks to become major defence exporter, eyes South-east Asia
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In 2022, India struck an arms deal worth US$375 million (S$499 million) for BrahMos missiles with the Philippines, which is also looking at procuring six advanced light helicopters.
PHOTO: AFP
NEW DELHI – India, the world’s largest importer of weapons, recently announced that it recorded a new high in defence exports.
The South Asian country exported arms worth 159 billion rupees (S$2.6 billion) in the 2022-23 financial year, up from 128 billion rupees the previous year.