India, July 13 -- India's defence exports continue to gather momentum as the country secures a $630 million (around Rs. 6,000 crore) missile deal with Indonesia, reinforcing its position as an emerging global defence exporter and advancing the government's Atmanirbhar Bharat and Make in India initiatives.

The agreement, which includes the export of BrahMos supersonic cruise missiles and Astra beyond-visual-range air-to-air missiles, is expected to strengthen India's defence manufacturing ecosystem while creating opportunities for domestic public and private sector defence companies involved in missile systems, electronics, radar, and aerospace.

With the government targeting Rs. 50,000 crore in annual defence exports by 2029, compared to...