India's Shift from Import Reliance to Export Leadership
A decade ago, India was one of the world's largest arms importers; today, it exports defence equipment to more than 100 countries. India now exports defence equipment to more than 100 countries, including the United States, France, and Armenia. A decade ago, however, the sector presented a very different picture. The country remained heavily dependent on imports to meet domestic requirements and support economic needs. Before this shift, India’s economy relied heavily on imports, with...
