India Achieves Record Rs 38,424 Crore in Defence Exports for FY26: An Impressive Success
Loading more articles...
India's Defence Exports Soar to Record Rs 38,424 Crore in FY26: Rajnath Singh Hails Success
M
Moneycontrol•02-04-2026, 10:25
India's Defence Exports Soar to Record Rs 38,424 Crore in FY26: Rajnath Singh Hails Success
•India's defence exports reached an all-time high of Rs 38,424 crore in FY26, a 62.66% jump from the previous fiscal.
•Union Defence Minister Rajnath Singh highlighted this milestone on X, attributing it to global confidence in India's indigenous capabilities.
•Defence Public Sector Undertakings (DPSUs) contributed 54.84% to exports, with the private sector accounting for 45.16%, showcasing a collaborative ecosystem.
•Indigenous defence production hit Rs 1,27,434 crore in FY24, a 174% rise from FY15, driven by the Atmanirbharta push.
•India now exports defence equipment to over 100 countries, including the US, France, and Armenia, with a target of Rs 50,000 crore in exports by 2029.