India moves upmarket in arms export

This is an unprecedented blow for the Indian industry.

On January 14, the Philippines formalized the purchase of three BrahMos missile batteries.

Developed by an Indo-Russian company, this cruise missile is capable of being fired from any platform towards targets at sea, on land or in the air.

Manila chose the land-sea version to counter Beijing in the China Sea.

This contract of 330 million euros represents a third of the arms exports carried out last year by India.

These had reached 84 billion rupees (1 billion euros).

Since 2018, India has managed to sell more than 1 billion euros in weapons per year, while for years sales had peaked at a few tens of millions.

The Nationalist government has taken steps to boost the military-industrial complex.

In August 2020, it imposed an import embargo on 101 systems.

And public companies, which form the backbone of the sector, are under pressure:

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