NewKerala.com

India's Defence Exports Soar 63% to Record ₹38,424 Crore in FY26

India's defence exports have achieved a historic high of ₹38,424 crore for the fiscal year 2025-26, representing a robust 62.66% growth. Defence Minister Rajnath Singh credited this milestone to the leadership of Prime Minister Narendra Modi and growing global trust in indigenous manufacturing. The exports showcase a collaborative ecosystem, with Defence Public Sector Undertakings contributing 54.84% and the private industry accounting for 45.16% of the total. The government has set an ambitious target of reaching ₹50,000 crore in defence exports by the fiscal year 2029-30.

Key Points: India Defence Exports Hit Record ₹38,424 Crore in FY 2025-26

  • Record ₹38,424 crore exports in FY 2025-26
  • 62.66% growth over previous year
  • DPSUs contribute 54.84%, private sector 45.16%
  • Target of ₹50,000 crore exports by FY 2029-30
2 min read

India's Defence exports hit record ₹38,424 crore in FY 2025-26: Rajnath Singh

Defence exports surge 62.66% to ₹38,424 crore, marking historic growth under collaborative public-private efforts for self-reliance.

"This big jump... reflects the growing global trust in India's indigenous capabilities - Rajnath Singh"

New Delhi, April 2

Defence Minister Rajnath Singh on Thursday said under the leadership of Prime Minister Narendra Modi, India has achieved a historic milestone in defence exports, reaching an all-time high of ₹38,424 crore in the fiscal year 2025-26, marking a significant 62.66% growth over the previous year.

In a post on X, Singh said that this jump from the previous year reflects global trust in India's indigenous capabilities and advanced manufacturing strength.

"Under the inspiring leadership of PM Shri @narendramodi, India is scripting an impressive defence exports success story! India defence exports have touched a new all time high with a record ₹38,424 crore in FY 2025-26. It marks a robust 62.66% growth over the previous fiscal. This big jump of ₹14,802 crore in defence exports reflects the growing global trust in India's indigenous capabilities and advanced manufacturing strength," he said.

The Defence Minister added that the record-setting performance reflects contributions from both public and private sectors, with Defence Public Sector Undertakings (DPSUs) accounting for 54.84% and the private industry 45.16% of the exports, underscoring the strength of a collaborative and self-reliant defence ecosystem.

"With DPSUs contributing 54.84% and private industry 45.16%, this milestone showcases the power of a collaborative and self-reliant defence ecosystem," the post added.

Earlier, while addressing an event in March, Singh had pointed out that government efforts are yielding results: in FY 2024-25, domestic defence production surpassed ₹1.50 lakh crore, and defence exports touched an all-time high of approximately ₹24,000 crore. He added that by April 2026, exports were poised to reach around ₹29,000 crore, with the government setting a target of ₹50,000 crore in defence exports by FY 2029-30.

Highlighting the growing role of private industry, Singh stated that the sector today contributes around 25% of defence platforms, equipment, and accessories, with expectations to reach 50% of total production by value in the near future.

He also emphasised that all warships and submarines on order for the Indian Navy are being built in Indian shipyards, from design and engineering to construction and lifecycle support, terming it a major leap towards self-reliance: "Self-reliance is no longer just a slogan; it is being established as a practical reality. A Builder's Navy is not a slogan; it is a ground reality."

- ANI

Share this article:

Reader Comments

P
Priya S
While the numbers are impressive, I hope this translates into more high-tech jobs for our engineers and technicians, and not just profits for a few large corporations. The growth needs to be inclusive.
R
Rohit P
"A Builder's Navy is not a slogan; it is a ground reality." This line gave me goosebumps! Building our own submarines and warships from design to delivery is a massive strategic advantage. Jai Hind!
S
Sarah B
As someone working in the manufacturing sector, this is huge. Global trust in 'Indian-made' defence equipment shatters old stereotypes. It brings foreign exchange and strengthens our geopolitical standing. Well done to all the scientists, engineers, and workers behind this!
V
Vikram M
The 62% growth is staggering. But we must not get complacent. The target is ₹50,000 crore. We need to focus on cutting-edge tech like drones, cyber defence, and AI to stay ahead. The competition is fierce.
M
Michael C
A balanced public-private partnership (54%-46%) is the perfect model. It leverages the scale of DPSUs like HAL and the innovation & agility of private players. This is how a modern defence industrial base is built.
K
Kavya N

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50