New Delhi: India’s defence exports reached an all-time high of Rs 38,424 crore in the financial year 2025-26, registering a growth of Rs 14,802 crore or 62.66% over the previous year.
The figures show a sharp rise from Rs 23,622 crore recorded in FY 2024-25, reflecting strong momentum in the country’s defence manufacturing sector, according to an official statement.
Officials said Defence Public Sector Undertakings (DPSUs) contributed 54.84% of the total exports, while the private sector accounted for 45.16%.
Defence Minister Rajnath Singh praised the performance of the Department of Defence Production and defence exporters, and said the country is steadily moving towards becoming a global hub for defence manufacturing. He said the growth reflects the vision of Prime Minister Narendra Modi to position India among leading defence exporters.
Officials said exports by DPSUs grew by 151% compared to the previous year, while private companies recorded a 14% increase. In value terms, the private sector contributed Rs 17,353 crore, while DPSUs accounted for Rs 21,071 crore. In the previous fiscal, these figures stood at Rs 15,233 crore and Rs 8,389 crore respectively.
The data indicates that defence exports have nearly tripled over the past five years, highlighting growing global demand for Indian-made defence equipment. India is currently exporting to more than 80 countries, with the number of exporters rising to 145 from 128 in the last fiscal.
Officials said the increase reflects wider acceptance of Indian defence products and deeper integration into global supply chains. They added that government efforts to improve the ease of doing business and streamline export procedures have supported this growth.
The Department of Defence Production has also introduced a revamped online portal and simplified procedures for export authorisations to facilitate exporters and enhance efficiency.
