India's defense exports tripled to Rs 1.27 lakh crores since 2014-15, with top customers U.S., France, and Armenia.

India's defense exports have surged, with the U.S., France, and Armenia as the top customers. Since 2014-15, production value has tripled, reaching Rs 1.27 lakh crores, driven by private sector contributions of 21%. Exports to the U.S. include aircraft parts for companies like Lockheed Martin, while France receives software and electronics. Armenia purchases artillery and rocket systems. India aims to enhance domestic defense production to meet global demand.

October 27, 2024
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