New Delhi. Government of India (Government of India) is focusing on selling weapons to countries which were earlier buying weapons Russia. In recent days, India (India) has increased activeness in this direction. Prime Minister of India Narendra Modi (Prime Minister Narendra Modi) has been engaged in making the country's factory in the last few years. Production from iPhones to medicines has increased in the country. Now Modi wants India missiles, helicopters and warships to sell to the world. India is the second largest weapon in the world after Ukraine.
Now the government wants the Government Export-Import Bank (Exim) give more and cheap loans to those countries who do not get normal international debt due to politics or credit. According to a report, India is going to increase its number of defense attachments abroad. These will help in the sale of briefcase weapons. Class officials said that the government itself will now talk in some weapons deals.
Two officials said that India is especially focusing on Russia for weapons which were focusing on Russia. Earlier, India itself used to buy Sukhoi fighter or Hoviter from America. It needs big weapons to deal with two nuclear-neighboring Pakistan and China. Small weapons have already been made in India but now private sector companies are also increasing arms. They are. Although not publicly said anything about the scheme, but according to the Reuters, 15 people have told them about the scheme. Its aim is to increase the government's direct role for weapons selling abroad. In the current time, weapons are growing rapidly worldwide.
India's Ministry of Defense, Ministry of External Affairs and the Prime Minister's Office did not respond to this. Aczim Bank also denied comment. He depended on them, they needed new options. India has bought weapons from both Russia and West. So now the interests of the countries have increased in India. Russian weapon company Rosoboronaxport said that it was talking about selling weapons to third countries along with India. While the US Defense Ministry refused to comment on 2023-24. The match is 62 percent more. Some Indian weapons have also been used in Ukraine. Now India is getting a meeting of foreign delegations with its weapons manufacturers. He is showing high-tech weapons like helicopters in military exercises.
Researcher Viraj Solanki of London's International Institute for Strategic Studies said, “India will have to use its new weapons more. Then the rest of the countries will be sure” fast and cheap weapons at the moment India sells most of the small weapons, pills and parts but the government's target is to take the export of arms to $ 6 billion to $ 6 billion. Was, but it was almost one-third.
Nevertheless, it is much higher than $ 23 million in 10 years ago. The demand for weapons in the world is sharp and due to weak economies, countries do not have money to buy weapons. In this way India is introducing itself as a cheap producer. Indian companies are making 155 mm cannon shells for $ 300 to $ 300 to $ 300. Sold in a million dollars, which is half of the European price where the western countries had reduced their production after the Cold War.
India's government company Municipal India maintained its potential. Gautam Nanda, a retired naval officer and in KPMG, said, “India never cut production, because we were in front of us, Pakistan and China” Now private companies like Adani Defense and SMPP are making 155mm shells. Kansal said, “In this changing environment, there is a huge demand for cannon balls” under high-tech weapons policy, Exim bank will now give more loans to countries so that India can sell high-tech weapons. In 2023-24, Exim gave a loan of $ 18.32 billion. This work of the X will not give its committees. The government will not give guarantee, but all the money will not be guaranteed by the Indian weapon. There was a lot of lobbying for this financeing. An Indian diplomat said that most banks in the country avoid giving loans to high -risk countries. Therefore, India has been lagging behind France, Turkey and China in big deals. These countries also give finance in their package. India is now trying to enter markets like Brazil.
Exim has opened an office there in January. India is talking about selling Akash missile to Brazil. It is also a deal to make a warship for Brazil. India Electronics Company, which has made parts of Akash missile, has opened an office in Sao Paulo. Brazil's army told the royuters that information was sought from the developers of the sky, but the decision has not been made by the Akash. Did not reply. The focus of the Indian India is on Africa, South America and Southeast Asian countries. By 2026 India will send at least 20 new defense briefs abroad. Their postings will be in countries like Algeria, Morocco, Guyana, Tanzania, Argentina, Ethiopia and Cambodia. A type of weapons are needed. An official said that along with this, some briefcase deployed in western countries will be removed from there. The history of these countries has also been to buy weapons from Soviet Union and Russia. A successful example is Armenia, where India sent a defense briefcase for the first time last year. But now India has broken arms from Russia. Between 2024, India supplied 43 per cent of its total arms imports to Armenia. Between 2016 and 2018, this part was almost zero.