Schedule a Call Back
Indian defence firms eyeing Philippines market for military platforms
Industry News- Dec 14,23
A 2022 agreement solidified the purchase of three BrahMos batteries by the Philippines from India, totalling an estimated $375 million.
Indian defence companies, such as Kalyani Strategic Systems, Larsen and Toubro, and Hindustan Aeronautics, are actively exploring opportunities to market their military platforms to the Philippines, according to sources familiar with the situation.
In response to the Philippines' military restructuring efforts in the face of an assertive China, the country recently acquired the BrahMos cruise missile from India. A 2022 agreement solidified the purchase of three BrahMos batteries by the Philippines from India, totalling an estimated $375 million.
The aforementioned Indian defence firms have presented a spectrum of offerings, ranging from protective gear to fighter jets, to the Philippines, as disclosed by the anonymous sources.
HAL Chairman CB Ananthakrishnan stated, "Nigeria, Philippines, and Egypt are keen to procure Tejas Light Combat aircraft," referring to the indigenously designed multi-role fighter aircraft that has seen increased deployment in the Indian Air Force.
Reports indicate that Philippine officials have visited several Indian defense companies to assess their products. While negotiations are currently in the preliminary stages, officials have hinted at the possibility of finalized deals in the latter half of 2024.
Queries directed to Kalyani Strategic Systems and Larsen and Toubro have gone unanswered.
Earlier this year, a meeting between the foreign ministers of the two nations underscored the significance of defence cooperation. The joint statement released post-meeting highlighted collaborative efforts in defence agency interactions, the establishment of a resident defence attaché office in Manila, concessional credit for Philippine defence needs, naval asset acquisition, and the expansion of joint training and exercises.
In addition to military equipment, India has extended support in hydrography and maritime affairs. The joint statement emphasizes the mutual recognition of the maritime sector's growing importance, with both nations welcoming bilateral Maritime Dialogue and increased cooperation in hydrography.
India has set an ambitious goal to triple its annual defence exports to $5 billion by 2024-2025.
Source: Mint
Indian defence
Philippines
BrahMos
Kalyani Strategic Systems
Larsen and Toubro
Hindustan Aeronautics
Tejas Light Combat aircraft
China
India-Philippines deals
CB Ananthakrishnan
Related Stories
Automation & Robotics
Cobot Shipments Set to More Than Double by 2030
Global collaborative robot shipments reached nearly 58,000 units in 2025 and are forecast to more than double from 2026 to 2030, led by China’s rising dominance.
Read moreAutomation & Robotics
Cobot Shipments to Nearly Double by 17.3% Annually
Collaborative robot shipments to grow 17.3% annually, reaching 128,918 units by 2030, driven by electronics upgrades, logistics automation, and high-payload industrial cobots.
Read moreMachine Tools & Accessories
Power tools : From productivity enabler to strategic industrial lever
Vivek Singla, MD & Co-Founder, Xtra-Power Tools, highlights how India’s power tools market is shifting from utility-led demand to strategic manufacturing growth.
Read moreRelated Products
Troop Comforts revolutionises military gear with indigenous innovations
Aerospace & Defence
Troop Comforts Ltd (TCL), a state-owned defence corporation, has recently received a request for proposal (RFP) from the Northern Command of the Indian Army for its indigenously developed military gea Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
