To boost defence sector, govt OKs indigenous missile exports | India News
NEW DELHI: In a move to boost domestic defence manufacturing, the government on Wednesday approved the export of indigenously-developed surface-to-air Akash missile system and set up a panel to ensure faster approvals for acquisition proposals by various countries. The Akash missile systems have over 96% indigenous components and the weapon can hit targets at a range of 25km. Defence minister Rajnath Singh said the export version of Akash missiles would be different from the system currently deployed with Indian armed forces. The decision to export the missile systems was taken at a Cabinet...