Defence exports have touched an all-time high of Rs 38,424 crore in the Financial Year (FY) 2025-26, marking a massive rise of Rs 14,802 crore (62.66%) over the previous fiscal year’s figure of Rs 23,622 crore. In this landmark milestone, Defence Public Sector Undertakings (DPSUs) and the private sector have contributed 54.84% and 45.16% respectively. This accomplishment of the Indian defence industry is in line with the Prime Minister Shri Narendra Modi’s vision to position India among the world’s top defence exporters.
Raksha Mantri Shri Rajnath Singh has lauded this exemplary performance of the Department of Defence Production, Indian defence exporters & all other stakeholders and asserted that India is marching ahead towards becoming a global manufacturing hub for defence equipment. In a post on X, Raksha Mantri stated that under the inspiring leadership of PM Modi, India is scripting an impressive defence exports success story.
DPSUs’ exports surged by 151% compared to the previous year, with private firms showcasing their robust presence by recording an increase of 14%. 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. Their respective figures in the previous financial year stood at Rs 15,233 crore and Rs 8,389 crore.
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This record high figure indicates an increase by around three times in the last five years. This sharp rise highlights the increasing global acceptance of Indian made defence products and the sector’s growing integration into the international supply chains. 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. The number of exporters underwent a surge to 145 from 128, a 13.3% rise from the previous fiscal.
The Government’s continuous endeavours towards ease of doing business and facilitation of defence exporters have paved the way for a performance-oriented and globally competitive defence industry. To support defence exporters in this growth trajectory, the Department of Defence Production has streamlined defence export regulatory processes with a revamped online portal and simplified Standard Operating Procedure for authorisations.