New Delhi: India’s defence exports have reached an all-time high of ₹38,424 crore in the Financial Year (FY) 2025-26, registering a sharp increase of ₹14,802 crore (62.66%) over the previous fiscal’s ₹23,622 crore.
This milestone underscores the rapid expansion of defence exports, driven by strong contributions from both Defence Public Sector Undertakings (DPSUs) and the private sector.
In this record-breaking performance for defence exports, DPSUs accounted for 54.84% while the private sector contributed 45.16%, reflecting a balanced and growing ecosystem aligned with India’s ambition to become a global defence exporter.
Raksha Mantri Rajnath Singh lauded the achievement, praising the efforts of the Department of Defence Production, Indian defence exporters, and all stakeholders.
Highlighting the continued growth in defence exports, he stated that India is steadily advancing towards becoming a global manufacturing hub for defence equipment.
In a post on X, he added, “Impressive defence exports success story being scripted under PM Modi’s inspiring leadership.”
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Defence Exports: Private Sector Contributes ₹17,353 Crore, DPSUs Account for ₹21,071 Crore
The surge in exports is particularly evident in the performance of DPSUs, whose exports grew by 151% compared to the previous year.
Private sector firms also demonstrated resilience and expansion, registering a 14% increase in defence exports.
In value terms, the private sector contributed ₹17,353 crore to overall defence exports, while DPSUs accounted for ₹21,071 crore.
In comparison, their respective contributions in the previous financial year stood at ₹15,233 crore and ₹8,389 crore, highlighting the significant upward trajectory in defence exports.
The latest figures indicate that India’s defence exports have nearly tripled over the past five years, signaling sustained momentum and growing competitiveness of the domestic defence manufacturing ecosystem.
This remarkable rise in exports reflects increasing global acceptance of Indian-made defence products and deeper integration of Indian firms into international supply chains.
India is now exporting defence equipment to more than 80 countries as of FY 2025-26, reinforcing its position in the global defence trade landscape.
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Additionally, the number of exporters has increased to 145 from 128 in the previous fiscal, marking a 13.3% rise. This expansion further strengthens the foundation for future growth in exports.
The Government’s continued focus on ease of doing business and proactive policy support has played a crucial role in boosting exports.
The Department of Defence Production has streamlined regulatory processes through a revamped online portal and simplified Standard Operating Procedures (SOPs) for authorisations, enabling faster and more efficient export clearances.
Overall, the consistent rise in defence exports reflects India’s strategic push towards self-reliance and global competitiveness in the defence sector, in line with the vision of Narendra Modi to position India among the world’s leading defence exporters.
