India's Defence Exports Reach Record ₹38,424 Crore in FY26
India's defence exports hit record ₹38,424 cr in FY26: Rajnath Singh
Business Standard
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India's defence exports surged to a record ₹38,424 crore (approximately $4.6 billion USD) in the financial year 2025-26, marking a remarkable growth of 62.66% from the previous year. Defence Minister Rajnath Singh attributed this success to the increasing global trust in India's indigenous defence capabilities.
- 01Defence exports reached ₹38,424 crore in FY26, a record high.
- 02This represents a growth of 62.66% over FY25's exports of ₹23,622 crore.
- 03Defence Public Sector Undertakings (DPSUs) contributed 54.84% to the exports.
- 04Private industry accounted for 45.16% of the defence exports.
- 05The growth reflects India's advancing manufacturing strength and collaborative defence ecosystem.
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India's defence exports achieved a historic milestone of ₹38,424 crore (approximately $4.6 billion USD) in the financial year 2025-26, reflecting a significant growth of 62.66% compared to the previous fiscal year. Defence Minister Rajnath Singh highlighted that this increase, amounting to ₹14,802 crore, underscores the rising global confidence in India's indigenous defence capabilities and advanced manufacturing strength. The contribution breakdown shows that 54.84% of the exports came from Defence Public Sector Undertakings (DPSUs), while the private sector contributed 45.16%. This collaborative effort showcases the effectiveness of India's self-reliant defence ecosystem, which is rapidly gaining recognition on the global stage.
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The increase in defence exports may lead to enhanced job opportunities in the defence manufacturing sector and boost the overall economy.
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