Defense Business and Industry

AVANI Expands India's Defense Exports to Global Markets Strategically

Armoured Vehicles Nigam Limited (AVANI) is strategically expanding its defense exports, targeting key markets across Africa, West Asia, Central Asia, and Southeast Asia. Emerging from the 2021 corporatization of the Ordnance Factory Board, AVANI has become India’s premier armoured vehicle manufacturer, focusing on indigenous systems like the Arjun Main Battle Tank and T-90 Bhishma. With India’s defense exports projected to surpass ₹25,000 crore in FY 2024-25, this initiative aligns with the government’s Aatmanirbhar Bharat vision, emphasizing self-reliance and international partnerships. However, challenges such as export controls and competition from other nations require strategic diplomatic engagement to build long-term, trust-based collaborations in a rapidly evolving global defense landscape.

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