SS: India is ramping up its defense exports by offering low-cost, long-term loans through EXIM Bank, targeting countries with higher political or credit risks. With the world’s arms market shifting after the Ukraine invasion, India is stepping in to offer an affordable alternative to traditional suppliers like Russia and the U.S.
India’s 155mm artillery shells cost just $300–$400, while European counterparts are priced over $3,000. Indian howitzers are also half the price of their Western versions, at around $3 million.
By deploying more defense attachés and pushing for deals in countries like Brazil and Armenia, India is positioning itself as a cost-effective, reliable arms supplier in an increasingly competitive market.
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SS: India is ramping up its defense exports by offering low-cost, long-term loans through EXIM Bank, targeting countries with higher political or credit risks. With the world’s arms market shifting after the Ukraine invasion, India is stepping in to offer an affordable alternative to traditional suppliers like Russia and the U.S.
India’s 155mm artillery shells cost just $300–$400, while European counterparts are priced over $3,000. Indian howitzers are also half the price of their Western versions, at around $3 million.
By deploying more defense attachés and pushing for deals in countries like Brazil and Armenia, India is positioning itself as a cost-effective, reliable arms supplier in an increasingly competitive market.