Surging demand and policy support drive India’s defence exports to record highs, as public and private players expand reach across markets and strengthen supply chain integration.
India’s defence exports reached a record ₹384.24 billion in the financial year 2025–26, marking a 62.66% increase over the previous year’s ₹236.22 billion, according to official data of the Ministry of Defence (MoD).
Defence Public Sector Undertakings (DPSUs) accounted for 54.84% of total exports, while private companies contributed 45.16%. In value terms, DPSUs exported equipment worth ₹210.71 billion, a significant increase from ₹83.89 billion in the previous year, representing a 151% rise.
Private sector exports grew more moderately by 14% to ₹173.53 billion, compared with ₹152.33 billion in FY25.
The latest figures indicate that India’s defence exports have nearly tripled over the past five. Moreover, Indian defence products are now being exported to more than 80 countries, highlighting broader international acceptance and deeper integration into global supply chains.
The number of registered defence exporters also increased during FY26, rising to 145 from 128 in the previous fiscal year.
Defence Minister Rajnath Singh described the performance as a significant milestone, stating that the growth aligns with the government’s objective of strengthening India’s position as a global manufacturing hub for defence equipment. He attributed the progress to coordinated industry efforts and government policy support.
“This big jump of ₹148.02 billion in defence exports reflects the growing global trust in India’s indigenous capabilities and advanced manufacturing strength,” he said in an X post.
Officials noted that policy measures aimed at improving the ease of doing business have contributed to export growth. The Department of Defence Production has introduced a streamlined regulatory framework, including a revamped online portal and simplified procedures for export authorisations, to facilitate faster approvals and improve industry access to international markets.
