In a significant development, India’s defence exports surge to an all-time high of Rs 38,424 crore in the financial year 2025-26, marking a 62.66 per cent rise from previous fiscal’s Rs 23,622 crore export figures, the government said on Thursday.
Defence Public Sector Undertakings (DPSUs) and the private sector contributed 54.84 per cent and 45.16 per cent, respectively.
Private Sector and DPSUs Drive Export Growth
This accomplishment of the Indian defence industry is in line with the Prime Minister Narendra Modi’s vision to position India among the world’s top defence exporters, said Defence Ministry in a statement.
DPSUs’ exports surged by 151 per cent compared to the previous year, with private firms showcasing their robust presence by recording an increase of 14 per cent.
“In terms of value of contribution, the private sector accounted for Rs 17,353 crore worth of defence exports, while DPSUs contributed Rs 21,071 crore.”
India Defence Exports Surge with Global Reach
Apart from being a successful global partner for systems/sub-systems, India is exporting defence equipment to more than 80 countries as of FY 2025-26, reflecting how India’s defence exports surge is expanding its global footprint.
The number of exporters underwent a surge to 145 from 128, a 13.3 per cent rise from the previous fiscal.
This highlights the increasing global acceptance of Indian-made defence products and the sector’s growing integration into international supply chains.
Government Push and Future Outlook
Defence Minister Rajnath Singh lauded this exemplary performance, asserting that India is marching ahead towards becoming a global manufacturing hub for defence equipment.
In a post on X, he stated that under the leadership of PM Modi, India is scripting an impressive defence exports success story.
The continuous efforts towards ease of doing business and support for exporters have helped build a globally competitive defence industry.
Read More Business News:
manufacturing sector news India
