HAL & BEL finds place in top 100 Global Arms Companies

HAL Ranked 42 & BEL Ranked 63 position in Global Arms Sales last year… However, both HAL & BEL together accounted for a negligible 0.8% of Global Arms Sales which stood at 592 Billion USD last year.

As of today even with Make in India strategy, India still continues to be no.1 importer of defence equipments in the world.

if the Govt continues to be serious about the Make in India strategy for country’s Arms requirement and also push for Arms Exports, there could be a run-away Growth for not only HAL & BEL, but many other defence equipment manufacturers – both PSU & Pvt.