India’s defence exports hit record ₹38,424 crore in FY 25-26

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 (April 2, 2026).

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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.”

“India defence exports have touched a new all-time high with a record ₹38,424 crore in FY 2025-26. It marks a robust 62.66% growth over the previous fiscal,” the Defence Minister said.

“This big jump of ₹14,802 crore in defence exports reflects the growing global trust in India’s indigenous capabilities and advanced manufacturing strength,” he said.

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, he said.

India’s defence exports in 2024-25 was ₹23,622 crore in 2024-25. It was ₹21,083 crore in 2023-24.