(a) whether the Government has decided to fix a target for export of defence equipment;
(b) if so, the details thereof;
(c) whether a few foreign countries are inclined to buy defence equipment from India;
(d) if so, the details thereof;
(e) the time by which the deals are likely to be finalized; and
(f) the steps taken so far by the Government to promote the export of indigenous defence equipment?
MINISTER OF DEFENCE (SHRI GEORGE FERNANDES)
(a) & (b): Export targets are a part of the Memoranda of Understanding signed by the Defence Public Sector Undertakings covering both defence and non-defence equipment.
(c) to (e): Yes, Sir. Defence equipment from India is exported to countries primarily in Asia and Africa. This is an ongoing process.
(f) The following steps have been taken to promote the export of defence equipment:
(i) Simplifying export procedures;
(ii) Extending lines of credit to certain Countries;
(iii) Participation in various international exhibitions for showcasing Indian defence products;
(iv) Organising visits of delegations to various countries;
(v) Hosting a biennial Land & Naval systems Exhibition-Defexpo India to showcase the latest development in the field;
(vi) Hosting a biennial Aerospace Exhibition-Aero India to showcase developments in the field.