India’s defence exports reached a record ₹38,424 crore in FY 2025–26, showing rapid growth, expanding global reach, and stronger indigenous manufacturing capabilities.

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• Defence exports rose by 62.66%, from ₹23,622 crore (FY 2024–25) to ₹38,424 crore (FY 2025–26).
• India’s defence exports have nearly tripled over the last five years, indicating sustained growth.
• Defence Public Sector Undertakings (DPSUs) contributed ₹21,071 crore with a 151% rise.
• Private sector contributed ₹17,353 crore, reflecting growing industry participation.
• India exported defence equipment to more than 80 countries, expanding global footprint.
• Myanmar, Philippines and Armenia together accounted for over 60% of India’s defence exports.
• Naval exports dominated, contributing around 55% of total defence exports between 2016–2025.
• Number of defence exporters increased from 128 to 145, showing sector expansion.
• Initiatives like iDEX (Innovations for Defence Excellence) support startups and MSMEs in defence innovation.
• Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu boost manufacturing and exports.
• Positive indigenisation lists restrict imports to promote domestic production.
• Simplified export procedures and ease of doing business policies support exporters.
• Defence exports contribute to economic growth, employment generation and global supply chain integration.
• They enhance India’s strategic influence and support Aatmanirbhar Bharat initiative.
• Target set to achieve ₹50,000 crore defence exports by 2029.