Year-Ender 2023: How India transitioned from defence importer to exporter
Year-ender 2023: In a remarkable shift, the Indian government's strategic transition from being a net importer to a net exporter has propelled the country's defence sector to new heights. The Ministry of Defence marked a historic year in 2023, witnessing a surge in defence exports, reaching an unprecedented ₹16,000 crore in the financial year—almost ₹3,000 crore more than the preceding year. Concurrently, defence production crossed the monumental milestone of ₹one lakh crore for the first time.
The global demand for India's defence capabilities experienced a substantial uptick, with a notable interest in products such as LCA-Tejas, light combat helicopters, aircraft carriers, and more. At the core of the Defence Ministry's operations were the objectives of achieving self-reliance ('Aatmanirbharta') in defence, advancing Armed Forces modernisation, fortifying border infrastructure, harnessing Nari Shakti, and ensuring the welfare of Ex-Servicemen. According to the Defence Ministry, India is now exporting to over 85 countries, showcasing the prowess of its defence industry.
Approximately 100 firms are actively exporting defence products, with major platforms including Dornier-228, 155 mm Advanced Towed Artillery Guns, Brahmos Missiles, and various other sophisticated defence systems. Defence Minister Rajnath Singh unveiled the Fifth Positive Indigenisation List (PIL), comprising 98 items, during the 'Swavlamban 2.0' plenary session. The list encompasses highly complex systems, sensors, weapons, and ammunition, promoting procurement from indigenous sources.
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