“In FY23, there were 1,414 export authorizations, which increased to 1,507 in FY24. About 100 domestic companies are exporting a wide range of defence products and equipment, including aircraft like Dornier-228, artillery guns, BrahMos Missiles, Pinaka rockets and launchers, radars, simulators, and armoured vehicles,” the survey reports.To boost defence exports, the government has implemented several policy initiatives over the past ten years. Export procedures have been simplified and made industry-friendly, with end-to-end online export authorization reducing delays and facilitating ease of business. Further, the Aatmanirbhar Bharat initiatives have encouraged indigenous design, development, and manufacture of defence equipment, thereby reducing dependency on imports in the long run.
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