India’s Defence Exports Hit Record ₹38,424 Crore in FY 2025–26: Rajnath Singh Lauds Growth

Date:

Defence Minister Rajnath Singh on Thursday praised the efforts of the Department of Defence Production, Indian exporters, and industry stakeholders, stating that India is rapidly moving toward becoming a global manufacturing hub for defence equipment.

Record-Breaking Defence Exports

According to the Ministry of Defence, India’s defence exports reached an all-time high of ₹38,424 crore in FY 2025–26.

  • Previous year (FY 2024–25): ₹23,622 crore
  • Growth: ₹14,802 crore increase (62.66%)

This marks a nearly threefold rise in defence exports over the past five years, reflecting strong momentum in the sector.

Contribution from Public and Private Sectors

The growth has been driven by both public and private players:

  • Defence Public Sector Undertakings (DPSUs): 54.84%
  • Private sector: 45.16%

This balanced contribution highlights the expanding role of private companies in India’s defence ecosystem.

Vision of Global Defence Export Leader

Rajnath Singh credited the achievement to the leadership of Narendra Modi, stating that India is writing an “impressive success story in defence exports.”

The milestone aligns with the government’s vision to position India among the top global defence exporters.

Policy Reforms Boosting Growth

The government’s continuous efforts to improve ease of doing business in defence manufacturing have played a key role in this growth. Key initiatives include:

  • Launch of a new online portal for exporters
  • Simplified Standard Operating Procedures (SOPs)
  • Streamlined regulatory processes

These reforms have helped create a performance-driven and globally competitive defence industry.

Strengthening India’s Strategic Capabilities

The surge in exports not only boosts the economy but also enhances India’s position as a reliable defence partner globally, supporting long-term strategic and industrial growth.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

spot_imgspot_img

Popular

More like this
Related

E85 Fuel Rolled Out for Flex-Fuel Vehicles as Centre Explores Wider Ethanol Adoption

The central government has launched E85 fuel for flex-fuel...

Equity Mutual Funds Attract 22,907 Crore Investment in May Amid Strong Investor Confidence

According to data released on Wednesday by the Association...

PM Modi Becomes India’s Longest-Serving Elected Prime Minister, Surpasses Nehru’s Record

Prime Minister Narendra Modi became India's longest-serving Prime Minister...

Transparent Digital Procurement Opens New Growth Avenues for Women Entrepreneurs and Startups

The Government e-Marketplace (GeM) has played a pivotal role...