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India has set an ambitious goal of achieving ₹50,000 crore in defense exports by 2029, signaling a major shift in its global defense strategy. Once primarily known as an importer of military equipment, the country is now emerging as a significant exporter. Defence Secretary Sanjay Seth emphasized this transformation, stating, "Earlier, we were seen as a nation dependent on imports. But today, India no longer stands with a begging bowl. Instead, we stand confidently, engaging with the world on equal terms." This shift aligns with India's broader vision of self-reliance in defense manufacturing, driven by initiatives like Make in India and growing partnerships in the global arms market.
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