India’s defence exports surged over 62% to reach a record Rs 38,424 crore ($4.1 billion) in the financial year 2025-26, underscoring growing global demand for indigenous military equipment and the country’s expanding footprint in international supply chains. The sharp rise from Rs 23,622 crore in 2024-25 marks a “big jump” of Rs 14,802 crore, reflecting increasing global trust in India’s defence manufacturing capabilities, the government said on Thursday. ADVERTISEMENTDefence Minister Rajnath Singh highlighted the milestone, saying, "India defence exports have touched a new all time high with a record Rs 38,424 crore in FY 2025-26. Emphasising the broader significance of the surge, he added, "This big jump of Rs 14,802 crore in defence exports reflects the growing global trust in India's indigenous capabilities and advanced manufacturing strength." India’s defence exports have steadily climbed in recent years, rising from Rs 21,083 crore in 2023-24 to Rs 23,622 crore in 2024-25, before hitting the current record high.

Source: The Telegraph April 02, 2026 10:58 UTC