Indian Prime Minister Narendra Modi on Monday set out ambitions to more than triple annual defence exports to $5 billion over the next two years, as arms firms flocked to a major air show for a slice of the nation's massive import budget.
Past Indian exports include Hindustan Aeronautics
India has also exported other items such as offshore patrol vessels, coastal surveillance systems, avionics, chaff rocket launchers and spares for radars. India also wants smaller domestic companies and start-ups to make parts for large defence products globally as well as to attract foreign investment for joint product development and production.
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