'Pakistan's share in global arms export market growing'.
KARACHI -- Made-in-Pakistan weapons are so effective that they determine the outcome of war.
According to one private-sector arms manufacturer present at the 11th International Defence ExhiAbition and Seminar (IDEAS) 2022, his company's 40mm single-shot grenade launchers played a 'key role' in helping Sri Lanka win its war against the Tamil Tigers in the late 2000s.
'Their chief of army staff called our CEO to thank him personally,' Daudsons Armoury Ltd General Manager Irfan Ahmed told Dawn on Wednesday.
He said about 30 per cent of the company's total revenue comes from export channels while the rest originates from the domestic market, which consists of the armed forces, law enforcement agencies and private citizens.
Most exhibitors that Dawn spoke to were reluctant to go into specifics with regard to the size of their operations, pricing and clientele given the secretive nature of the arms business. But many of them happily stated that foreign business has been flourishing for the last many years.
'We export weapons mainly to the Middle Eastern countries. I can say confidently that Pakistani businesses are growing their share in the global arms market.
That's because our quality is a lot better than that of arms manufacturers from other, comparable nations,' he said.
According to trade data compiled by the International Trade Centre (ITC), Pakistan exported arms and ammunition worth $3.8 million in 2021. In contrast, imports amounted to...
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