{"id":226539,"date":"2023-02-14T19:57:59","date_gmt":"2023-02-14T14:27:59","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=226539"},"modified":"2023-02-20T13:06:09","modified_gmt":"2023-02-20T07:36:09","slug":"make-then-sell-indias-ambitious-defence-export-target-comes-up-against-long-delays-in-product-development","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/make-then-sell-indias-ambitious-defence-export-target-comes-up-against-long-delays-in-product-development\/","title":{"rendered":"Make Then Sell – India\u2019s ambitious defence export target comes up against long delays in product development"},"content":{"rendered":"\n

Source<\/strong>: The post is based on the article\u00a0\u201cMake Then Sell – India\u2019s ambitious defence export target comes up against long delays in product development\u201d <\/strong>published in The Times of India <\/b>on\u00a014th February 2023<\/b>.<\/p>\n

Syllabus<\/strong>: GS 3 \u2013 Changes in industrial policy and their effects on industrial growth.<\/p>\n

Relevance<\/strong>: About India’s defence export.<\/p>\n

News<\/strong>: AeroIndia 2023 which kicked off recently is not just being promoted as the biggest exhibition of India\u2019s air power but also a significant platform to push Indian defence manufacturing to the next level.<\/p>\n

Recently, the PM has announced an ambitious target of $5 billion annual defence exports by 2024-25.<\/p>\n

What is the significance of AeroIndia for India’s defence export target?<\/strong><\/h2>\n

Facilitate integration<\/strong>: Given the changing nature of warfare, the integration of air power with other arms of the military<\/strong> has become crucial. For instance, Asia is largely a seascape. So India\u2019s ability to protect its interests will largely depend on the integration of naval and air assets.<\/p>\n

Boost defence production and exports<\/strong>: AeroIndia will boost the government’s efforts towards self-reliance, a joint production of advanced technologies, and increase defence exports. All these have immediate implications for India\u2019s strategic security.<\/p>\n

What are the challenges with India’s defence export target?<\/strong><\/h2>\n

India’s defence exports have increased from just Rs 1,520 crore in 2017 to a record Rs 14,000 crore in 2021-22. But still, there is significant headroom for growth.<\/span><\/p>\n

India’s defence sector exports have two significant issues.<\/p>\n

Firstly<\/strong>, India\u2019s defence exports have largely comprised low to medium-tech items<\/strong> like personal protective equipment, offshore patrol vessels, spares for radars, coastal surveillance systems, helicopters, and electronic and engineering parts.<\/p>\n

Secondly<\/strong>, exports are further held back by advanced platforms like LCA being produced at a very slow pace<\/strong>, with even domestic orders yet to be satisfied.<\/p>\n

To overcome the India’s defence export challenges, a)<\/strong> India must require quicker production timelines, b) <\/strong>Different arms of the defence industry \u2013 private and government \u2013 need to work together.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article\u00a0\u201cMake Then Sell – India\u2019s ambitious defence export target comes up against long delays in product development\u201d published in The Times of India on\u00a014th February 2023. Syllabus: GS 3 \u2013 Changes in industrial policy and their effects on industrial growth. Relevance: About India’s defence export. News: AeroIndia 2023… Continue reading Make Then Sell – India\u2019s ambitious defence export target comes up against long delays in product development<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10496],"class_list":["post-226539","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/226539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=226539"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/226539\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=226539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=226539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=226539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}