The big jump; India’s annual defence exports touched an all-time high of ₹38,424 crore

Delhi: India’s annual defence exports touched an all-time high of ₹38,424 crore in the financial year 2025-26, marking an over 62% growth over the previous fiscal, Defence Minister Rajnath Singh said on Thursday . The “big jump” in the defence exports reflected the growing “global trust” in India’s indigenous defence capabilities, Mr. Singh said in a social media post, adding the country is “scripting an impressive defence exports success story.”

With DPSUs (defence public sector undertakings) contributing 54.84% and private industry 45.16%, this milestone showcases the power of a collaborative and self-reliant defence ecosystem, Defence minister said. India’s defence exports in 2024-25 was ₹23,622 crore in 2024-25. It was ₹21,083 crore in 2023-24.