Simla Investment:The international military trade market ushered in more "Indian manufacturing"

The international military trade market ushered in more "Indian manufacturing"

From guns and ammunition to armored vehicles, the military equipment of "India" has now served in more than 90 countries and regions around the world, driving the export of Indian military products in the past 10 years, with an increase of more than 30 times.Especially in the past two years, the conflict of Russia and Ukraine has pushed up the demand for cost -effective weapons around the world and has opened up unprecedented market opportunities for the Indian military industry.

The Indian media praised this, and expressed its ambitions for India to become the "new forces" of the international military trade market.In a special report recently published, the Indian "The Print" website quoted official data saying that last year’s Indian military product export performance was outstanding, and the total amount reached a record of 210.83 billion Indian rupees (approximately US $ 2.63 billion), an increase of 32.5% year -on -year increased by 32.5%.; In the first quarter of this year, this growth momentum was even stronger, and the year -on -year increase jumped to 78%.According to the plan released by the Modi government in 2020, by 2025, India’s exports in the fields of aerospace, defense products and services are expected to exceed the US $ 5 billion mark, and then it will account for 20 % of the total output value of the domestic military industry in India.

The largest overseas market is unexpectedly

Although the Indian government usually does not disclose the details of foreign military sales and even the identity of the buyer, "The Print" learned through the news channels of the government, industry and diplomatic systems, that the export map of Indian defense products is far more than the outside world knows that it is known to the outside world.broad.

In terms of product types, from basic ammunition, light weapons (sniper rifle and special targeting system, etc.) and protective supplies, to advanced vehicles, light torpedo, simulator, drone and even fast attack ships, Indian military products are diversified by diversificationThe product line meets the needs of different customers.

In terms of sales targets, traditionally, Myanmar has been an important market for Indian military exports. In recent years, Israel and Armenia have also become important buyers.In addition to drone parts, Israel also purchased small weapons made by India and subsidiaries of Israeli enterprises in India, plus queries and ammunition.Armenia purchased artillery and air defense systems from India.Indian military workers also obtained some higher independent agreements, such as providing the Philippines with "Bramos" supersonic anti -ship missiles.Simla Investment

It is particularly noticeable that the United States has actually become the largest destination for Indian military products, and its purchasing volume occupies nearly half of the total number of Indian defense exports.At present, American companies purchase systems and components worth more than $ 1 billion from India each year to support its global supply chain."India must not only become a global manufacturing center for a complete weapon system, but also become part of the supply chain of large enterprises." Sources from Indian defense agencies said, "Whether it is the United States or France, it now purchases a large number of products from India, which indicates (India) The domestic military industry has been developed. "

American companies, such as Boeing and Lockheed Martin, have established in -depth cooperation with India to jointly promote the optimization of military products production and supply chain.For example, in 2016, Boeing and India Tata Group established a joint venture in Hydraba, which covers an area of ​​14,000 square meters to manufacture the body for Boeing’s AH-64 "Apache" attack helicopter.The factory produces 8 bands per month and has supplied more than 200 so far.According to the US Chamber of Commerce, the factory also created more than 1,500 sets of fuselage secondary structures and vertical pill boxes, and provided some components for Boeing’s 737 series civil aircraft.

Bangalore’s military industry has a wider business, and the service targets include the United States’ CH-47 helicopter, the V-22 tilt rotor, the F-15 and F/A-18 fighters, which are mainly responsible for providing wire beams and electrical components.State-owned Indiastan Aviation Co., Ltd. is responsible for the production of F/A-18, and Ballate Electronics Co., LtdAgra Investment. has contributed to the enemy and self-identification system and voice confidentiality system of the P-8 anti-submarine patrol aircraft.

Also in Haidraba, another American military giant Lockheed Martin also promoted Indian military exports through coordination with local partners in India.One of the joint ventures is the only supplier of the rear component of the C-130 tactical transport aircraft, and has provided more than 200 sets of components for Lockheed Martin.Another joint venture occupy the cabin components of the S-92 helicopter, which has been delivered to more than 157 units so far.

Private arms dealers started to enter the venue

In India, military exports have been regarded as exclusive fields of state -owned enterprises for a long time.According to data from the Ministry of Defense of India, the "Indian Fire Fire Company", which specializes in the production of ammunition, occupies a dominant position in national defense exports.Although the sources interviewed are unknown about exact exports and destination language, "The Print" pointed out that the total value of foreign orders currently held by this company will be about 60 billion rupees, which will be gradually delivered in the next 3 years.

The predecessor of the Indian arms company was the "Military and Wealth Factory Committee". It was restructured into an enterprise in 2021Udabur Stock. From 2023 to 2024, it achieved a sales of 17.26 billion rupees.According to sources, the company produced by the company is 155 mm, and all models are opened to foreign customers. They have been sold to some Middle East countries and have opened up some new markets in Europe.

Thanks to the relaxation of the policy, India’s private subjects have been involved in military exports in recent years.However, private companies with the largest contribution to exports are not well-known big companies such as Tata Group, Ma Hengda Group or Kaliani Group, but a company called Indo-MIM.The company’s history can be traced back to 1997. At first, it was a joint venture with a five -five equity structure. In 2001, Indian shareholders were completely controlled to the current name.

According to the Indian Ministry of Defense, the company’s headquarters is located in Bangalore. The main business is metal injection molding (MIM). It is known as the only precision engineering product supplier in the world with MIM as the core technology.Indo-MIM customers are in more than 50 countries and regions in the Americas, Europe, and Asia, and have production lines in the United States and Britain.

Behind exports is the state’s will

The rapid growth of Indian military products is largely reflected in the national will.An Indian retired Army told "The Print" that since the 1950s, India has been exporting weapons to a small number of friendly countries, but the amount can be ignored almost, and the situation has not changed significantly until 10 years ago."In September 2014, the Modi government formulated and promulgated the" National Defense Export Strategy ", which aims to promote weapons exports and regulate supervision."

Although the exit of India’s arms has accelerated significantly, the influence of "top -level design" has not yet appeared."We are actively contacting foreign countries, especially those Africa, the Middle East and Asia -Pacific countries that are keen to strengthen national defense. They prefer high -quality products with reasonable prices, rather than excessive expensive Western equipment." According to sourcesIndian military officers and diplomats abroad are instructed to actively contact the country and contact domestic enterprises according to the needs of the other party.

Pursuing high -end is another new feature of Indian defense exports.India is taking the ability to manufacture and supply fast patrol boats as a breakthrough in the international market.At the same time, with the support of the government, a number of private assembly plants serving military transport aircraft and universal helicopters have been established one after another, and they will become an integral part of the Indian military ecosystem.In the future blueprint, these factories can fully meet the needs of overseas users.In addition to the establishment of a manufacturing base, the government and investors are also committed to building India as the maintenance, repair and overhaul centers of global weapons and equipment, and related work is advancing.

"Just a few years ago, people couldn’t imagine that there would be a transaction such as the Sales of the ‘Bramos’ missile in the Philippines. Now, more and more countries have begun to pay attention to similar weapon systems ..New Delhi Stock Exchange. We focus on completing orders at hand,Each transaction is expected to bring new business, which is why India is regarded as a real military exporter.

Editor in charge: Yuan Ye

Kolkata Stocks