India’s Defence Exports:
India’s defence exports for 2021-22 were estimated at Rs 13,000 crore, the highest ever.
- The U.S. was a major buyer, as also nations in Southeast Asia, West Asia and Africa.
- The private sector accounted for 70% of the exports, while public sector firms accounted for the rest.
- Earlier, the private sector used to account for 90% but now the share of defence public sector units had gone up.
- While India’s defence imports from the U.S. have gone up significantly in recent years, Indian companies have been increasingly becoming part of the supply chains of U.S. defence companies.