India should shed ‘world’s largest arms importer’ tag: Defence Production Secretary

India should shed ‘world’s largest arms importer’ tag:Defence Production Secretary

: Secretary in the Department of Defence Production, Ajay Kumar on Friday said that India has overtaken China as the world’s largest arms importer and should shed the tag.

He said that the public-private partnership in defence in the country is being encouraged to step up arms exports and licensing system in some items had been liberalised.

“India is the world’s largest arms importer, a place which earlier belonged to China”, he said over video conference from Delhi at a seminar organised by Bharat Chamber of Commerce here on Friday.

Kumar said, “If China could (reduce dependence on imports productions) then why cannot India”?
Citing the instance of Mexico, he said that the Central American country has established a huge aero-manufacturing base, and exports to the US and Europe.
According to Kumar, the five permanent members of the United Nations Security Council are responsible for 74 per cent of the global arms trade.

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By: ET

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