Targeted Strategy for Defense Exports:
- India expands defense exports
- Focus on developing countries
- Leveraging medium tech
- Forge partnerships, enlarge horizons
Defense exports represent an untapped potential for Indian companies, driven by new regulations and initiatives such as iDex and DISC, encouraging MSME participation. With the Make-III policy facilitating joint ventures and the growth of opportunities in component and subsystem manufacturing for DPSUs/OFBs, MSMEs are increasingly integrated into the global supply chain, serving as offset partners. India's focus on defense exports extends to supplying components and subsystems, targeting developing countries, and leveraging advanced systems like Tejas and Akash to fulfill global demands and offset obligations.