India seeks shift from buying weapons to exporting them

India's arms imports account for nearly 10% of the global total, with Russia being the country's main supplier. However, New Delhi is now seeking to become a big exporter of weapons to the rest of the world.
India has set an ambitious target of doubling its defense exports over the next five years, as a slowing economy has forced the country to cut down on imports.

The announcement, made by Indian Prime Minister Narendra Modi at a defense fair on Wednesday, is part of New Delhi's "Make in India" initiative.
Modi said the country was already manufacturing artillery guns, aircraft carriers and submarines, and that India's share in global defence exports had increased.

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