{"id":660,"date":"2020-08-29T20:09:16","date_gmt":"2020-08-29T14:39:16","guid":{"rendered":"https:\/\/www.samdesindia.in\/blog\/?p=660"},"modified":"2020-08-29T20:09:19","modified_gmt":"2020-08-29T14:39:19","slug":"catalysing-defence-exports-make-in-india-for-the-world","status":"publish","type":"post","link":"https:\/\/www.samdesindia.in\/blog\/catalysing-defence-exports-make-in-india-for-the-world\/","title":{"rendered":"Catalysing Defence Exports: Make in India for the World"},"content":{"rendered":"\n

Energizing Defence Exports: Roadmap to a US$5bn Market<\/strong><\/p>\n\n\n\n

      India, in recent years, announced a defence export strategy and a string of incentives to facilitate exports of military hardware including weapons, platforms and systems and their parts. The \u201cExport Booklet\u201d has listed weapons and Systems under five broad categories, Land Systems, Naval Systems, Air Systems, Communication Systems and Other Systems and their sub-systems.<\/p>\n\n\n\n

Defence exports have surged in the last three years from Rs 4682 crores in 2017-18 to Rs 8320.09 crores in 2018-19 and Rs 8595.47 crores in 2019-20 which amounts to less than 0.5% of total exports. Interestingly, only about Rs 800 crores has been exported by the DPSU\/OFBs and the balance by the private sector. The target for 2020-21 is Rs. 15,000 crores. In effect, given India\u2019s very robust A&D industrial capacity resident in the DPSUs, OFBs and the private sector Indian defence exports could and should do much better.<\/p>\n\n\n\n

In order to enter the Global Arms trade as an important player in the highly specialized and technology driven defence ecosystem, India needs to develop smart strategies to energise its defence exports. Such a strategy should include, at one level, niche platforms and systems directed towards well identified target countries, various promotional mechanisms through offsets, counter trade options. At another level India\u2019s highly innovative and talented MSMEs have to ramp up quality, quantity and value to become Tierised suppliers of choice to Foreign OEMs. At yet another level, India as the defacto net security provider in the IOR, could provide diplomatic support to promote defence exports to friendly foreign countries to help build local capability against terrorism, piracy, illegal trade and trafficking, resource protection etc. using Indian built platforms and systems.<\/p>\n\n\n\n

To discuss these strategies and identify specific interventions for promotion of defence exports FICCI, with SAMDeS as its Knowledge partner, will host an e-symposium on Energising Defence Exports \u2013 Roadmap to a US$5 bn market by 2025. The e-symposium will have participation from Experts from Government, Services and Industry to seek solutions to:-<\/p>\n\n\n\n