The Indian envoy was briefed on the different projects undertaken by the Indo-Russian joint venture company and its efforts towards promoting exports by BrahMos chief AD Rane.
Mounting tensions between Washington and Beijing have driven many brands to seek out non-Chinese suppliers in sectors ranging from clothing and textiles to consumer electronics and smartphones.
Agra is home to a number of such small-scale units that contribute significantly to the nation's overall production and add greatly to India's leather footwear exports.
The critical indices of the domestic market -- BSE Sensex went up 335 points to 61,610.20 while Nifty gained 94 points to 18,113.15 on Thursday morning.
The commerce secretary also said, "While IT/IT-enabled services and business services have maintained their robust growth, transportation and financial services exports have grown at more than 35 per cent during April-September 2022."
Ravikant, Chairman and Managing Director, Munitions India, said, "We have got orders for more than 10 lakh multi-mode grenades for Indian armed forces and over Rs 3,000 crore of orders for exports."
India's overall exports on Wednesday posted a 14.57 per cent increase year-on-year in January 2023 to USD 65.15 billion, against USD 56.86 billion on January 2022, the Union Commerce ministry stated in a release.
A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make India's footwear and leather products export trade vulnerable, said Crisil Ratings.
The Ministry of Agriculture and Farmers Welfare on Monday put out a statement highlighting the initiatives and milestones of APEDA in the trade of India's agricultural produce.
Modi said today India isn't just a market for world defence companies but is a partner, and the country is also emerging as a suitable partner for countries that are looking to fulfill their security needs.
Underlining the potential of India's defence sector Prime Minister Narendra Modi on Monday said the country which was the biggest defence importer for decades now exports defence equipment to 75 countries.