India’s Defence Exports Hit Record ₹38,424 Crore in FY26, Driven by Missiles, Artillery and Global Demand

Summary

India’s defence exports climbed to a record ₹38,424 crore in FY 2025–26, a 62.66% increase from ₹23,622 crore the year before. Defence Public Sector Undertakings (DPSUs) led the surge with exports worth ₹21,071 crore (up 151% year‑on‑year), while the private sector contributed ₹17,353 crore (around 45% of the total) with steadier growth. The export mix has shifted from basic supplies to higher‑value and complex systems: advanced missiles (BrahMos, Akash), artillery and rocket systems (Pinaka, ATAGS), weapon‑locating radars (Swathi), electronic warfare equipment, plus aviation and naval platforms, lightweight torpedoes, armoured vehicles, UAVs, munitions, small arms and personal protection gear. Indian defence products reached more than 80 countries in FY26, registered defence exporters rose to 145, and five‑year export values have nearly tripled — signalling deeper integration into global supply chains and rising trust in ‘Make in India’ defence manufacturing.

Key Points

Record exports: ₹38,424 crore in FY26 — a 62.66% year‑on‑year jump.
DPSUs accounted for ₹21,071 crore (151% YoY rise); private sector ₹17,353 crore (≈45% share, 14% growth).
Export basket moved to high‑value systems: missiles (BrahMos, Akash), artillery (Pinaka, ATAGS), radars and electronic warfare suites.
Wider offerings included Dornier 228 aircraft, naval vessels, lightweight torpedoes, armoured vehicles, UAVs, munitions, small arms and protective equipment.
Indian defence kit reached 80+ countries; registered exporters rose 13.3% to 145 — stronger global footprint and supply‑chain integration.

Context and Relevance

The jump reflects geopolitical demand for missiles, artillery and surveillance systems and growing international confidence in India as a defence supplier. It underscores policy and industrial pushes toward indigenisation and export promotion, and highlights opportunities for private suppliers to capture higher‑margin segments. For defence industry watchers, trade analysts and policymakers, the numbers confirm India’s shift from component‑level exports to complex platform and systems sales.

Author style

Punchy. This is big — not just another export stat. It’s a clear signal that Indian defence manufacturing is moving up the value chain and winning buyers globally. If you care about where defence contracts and export opportunities will be over the next few years, read the detail.

Why should I read this?

Short and blunt: because the story tells you where the money and demand are. Missiles, artillery and radars are driving the boom — that’s where manufacturers, suppliers and logistics partners should be looking. Quick read, useful signals for strategy, partnerships and exports.

Source

Source: India’s Defence Exports Hit Record ₹38,424 Crore in FY26 — Logistics Insider