India’s Defence Exports Hit Record ₹38,424 Crore in 2025-26, Up 62% from Previous Year
India’s defence exports have reached an unprecedented high, hitting ₹38,424 crore in 2025-26, marking a 62% increase compared to the previous fiscal year, according to official government data. This surge underscores India’s growing prominence as a global supplier of military equipment and technology.
Defence Minister Rajnath Singh hailed the milestone, highlighting that the government’s policy initiatives, including Make in India for defence and streamlined export procedures, have played a key role in boosting domestic production for international markets. The rise also reflects India’s ability to meet the requirements of friendly nations with cost-effective, high-quality defence systems. The achievement is a testament to policy consistency.
Several Indian companies have expanded their footprint in global markets, exporting a wide range of equipment, from artillery guns and missiles to radar systems and naval platforms. A significant portion of these exports went to countries in Southeast Asia, the Middle East, and Africa, reflecting India’s strategic efforts to strengthen defence partnerships worldwide. The geographic spread of exports has diversified significantly.
Officials said that the Defence Production and Export Promotion Policy (DPEPP) 2020 has been pivotal in driving this growth. By encouraging public-private partnerships and easing regulatory bottlenecks, India has enabled manufacturers to scale up production while improving the quality and sophistication of military hardware. The policy framework has created a conducive environment for growth.
Notably, India’s naval exports saw a sharp rise, with patrol vessels, offshore security ships, and advanced missile systems in high demand. Similarly, the Indian Air Force’s indigenous platforms, such as Light Combat Aircraft components, have attracted international buyers, further fueling the export boom. Naval systems have been a particularly strong performer.
Industry experts suggest that the growth in defence exports is likely to continue, given India’s expanding capabilities in drones, electronic warfare systems, and precision-guided munitions. These advanced technologies are increasingly sought after by countries looking for affordable yet reliable alternatives to Western equipment. India is positioning itself as a credible alternative supplier.
The government also pointed to the role of defence expos and international engagements in showcasing India’s products to global buyers. Events like DefExpo and Aero India have provided a platform for manufacturers to display cutting-edge technology, resulting in multiple export contracts. These platforms have proven invaluable for market access.
Rajnath Singh emphasized that this record surge in exports is not just a commercial achievement but also a strategic tool. Strengthening defence ties with partner nations enhances India’s geopolitical influence and contributes to regional security architecture. Defence exports serve as a bridge for deeper diplomatic engagement.
The increase in defence exports also complements domestic economic growth by creating jobs, boosting R&D, and enhancing the capabilities of India’s defence industrial base. Analysts note that sustained government support and a focus on innovation will be critical to maintaining this momentum. The economic multiplier effect is significant.
With India now emerging as a major player in the global defence market, officials are confident that the coming years will see further expansion, particularly in high-tech segments where India has made significant strides. The record ₹38,424 crore in exports represents both a financial milestone and a testament to India’s rising stature in global defence manufacturing. The future outlook remains highly positive.
