As India Opens Export Of DRDO-developed Akash Missile, 9 Countries Express Interest
This comes after the Union Cabinet approved the export of indigenously-developed Akash missile, setting up a panel to ensure faster approvals...
In a major boost to India's Defence Industry, nine countries from Southeast Asia and Africa expressed interest in the acquisition of Defence Research and Development Organisation (DRDO) developed Akash Air Defence Missile, as per government sources. This comes hours after the Union Cabinet on Wednesday approved the export of indigenously-developed Akash missile, setting up a panel to ensure faster approvals for acquisition proposals by various countries. The Centre has been working towards achieving a target of USD 5 billion in defence exports through exporting domestically-designed high-value defence platforms. While tweeting on the development, Union Defence Minister Rajnath Singh revealed that the export version of Akash will be different from the System currently deployed with the Indian Armed Forces. He also called Akash 'an important missile' since it is 96 per cent indigenously made. "So far, Indian defence exports included parts/components etc. The export of big…