NEW DELHI: In a significant development, defence exports surged to an all-time high of Rs 38, 424 crore in the financial year 2025-26, marking a 62.66 per cent rise from previous fiscal’s Rs 23, 622 crore exports figures, the government said on Thursday.
Defence Public Sector Undertakings (DPSUs) and the private sector contributed 54.84 per cent and 45.16 per cent, respectively.
This accomplishment of the Indian defence industry is in line with the Prime Minister Narendra Modi’s vision to position India among the world’s top defence exporters, said Defence Ministry in a statement.
DPSUs’ exports surged by 151 per cent compared to the previous year, with private firms showcasing their robust presence by recording an increase of 14 per cent.