India signed an agreement with Armenia to export missiles, rockets & ammunition

India will export missiles, rockets, and ammunition to Armenia after the recent clashes between Armenia and Azerbaijan. The missiles will also include Indigenous Pinaka Multi-Barrel Rocket Launcher. India has signed this deal with Armenia to help them to depend on the country against their neighboring country Azerbaijan.

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Key Points related to the Agreement between India and Armenia

• India signed an order for arms export through a government-to-Government route through which the two nations inked contracts.
• The government has not revealed the exact value of the contract; however, it is estimated that India will supply weapons worth more than Rs 2,000 crore.
• India will also export Indigenous Pinaka Multi-Barrel Rocket Launcher.
• Pinaka has been developed by the Defence Research and Development Organization (DRDO) and manufactured by indigenous private sector firms.
• India will also provide anti-tank rockets as well as a wide range of ammunition to Armenia under the bundled deal.
• This contract will push the efforts of the government to increase the export of weapons with policy reforms and active support the government.
• The center has also set a target to sell weapon systems worth Rs 35,000 crore abroad by 2025.

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