Indian missiles sought after by many foreign countries: Sitharaman

Asserting that several foreign countries want to get Indian missiles in their inventory, Defence Minister Nirmala Sitharaman on Friday said there was an export potential of sale of homegrown defence products.The statement assumes significance as traditionally India has been a major arms importer and still depends on foreign vendors for around 50 per cent of its military hardware requirements."You did talk about integrated missiles programme, which has yielded a lot of results. Today, missiles are so sought after by many countries... I want to highlight that there exists a market outside other than the Indian armed forces," the Defence Minister said while addressing an event organised by the Vivekananda International Foundation.The Defence Minister said that a lot of countries are keen to have some kind of engagement with India and "want to purchase from you. India has immense potential to be an exporter of different equipment. I can also say, even a shipbuilding warship building ...