Union Cabinet gives approval for Akash missile export - News Summed Up

Union Cabinet gives approval for Akash missile export


As part of efforts to boost defence exports,. the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the export of the indigenously developed and manufactured Akash short-range Surface to Air Missile (SAM) system. Besides Akash, there was interest coming in for other major platforms such as the Coastal Surveillance System, radars and air platforms, the Defence Ministry said. For faster approval of export of such platforms, a committee comprising the Defence Minister, the External Affairs Minister and the National Security Advisor had been created, it stated. To achieve the target of $5 bn defence exports and improve strategic relations with friendly foreign countries, the government intended to focus on exporting high value defence platforms, he stressed.


Source: The Hindu December 30, 2020 10:09 UTC



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