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इंडियन आवाज़     13 Apr 2024 12:35:24      انڈین آواز

India to allow export of 10% missile systems to friendly countries

(Last Updated On: 18/06/2016)

missileIndia has decided in principle to allow export of missile systems to ‘certain’ countries who have friendly relationship with India. Talking to media in Bengaluru today Defence Minister Manohar Parrikar said the government had taken a very conscious decision that 10 per cent of the missile capacity will be permitted to be exported if producers manage to get export orders subject to parameters set by the union government and External Affairs Ministry.

About Rafale fighter plane deal, the Defence Minister said discussion between both sides had concluded and he was waiting for a report from the Indian team which had held negotiations.The deal was announced by Prime Minister Narendra Modi in April last year during his visit to France. Earlier, Parrikar flagged off the inaugural flight of India’s indigenous basic trainer aircraft HTT 40 designed and developed by Hindustan Aeronautics Limited.

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