India’s Defence Exports Hit Record ₹38,424 Crore in FY26, Driven by Missiles, Artillery and Global Demand
Summary
India’s defence exports reached a record ₹38,424 crore in FY26, a 62.66% rise from ₹23,622 crore the previous year. The surge underlines growing global demand and stronger confidence in Indian-made systems, spanning from missiles to artillery and electronic warfare kit.
Defence Public Sector Undertakings (DPSUs) led the jump with exports of ₹21,071 crore (up ~151% year-on-year), while the private sector contributed ₹17,353 crore — about 45% of the total, up ~14%. Exports included high-value platforms (BrahMos, Akash), artillery and rocket systems (Pinaka, ATAGS), radars (Swathi), electronic-warfare gear, Dornier 228 aircraft, specialised vessels and lightweight torpedoes, plus munitions, small arms, UAVs and protective equipment.
Key Points
- Record defence exports of ₹38,424 crore in FY26 — a 62.66% increase year-on-year.
- DPSUs accounted for ₹21,071 crore of exports, rising ~151% YoY; private sector contributed ₹17,353 crore (≈45% of total).
- Export mix moved up the value chain: missiles (BrahMos, Akash), artillery (Pinaka, ATAGS), radars (Swathi) and electronic-warfare systems featured prominently.
- Other exports included Dornier 228 aircraft, naval vessels, lightweight torpedoes, munitions, small arms, UAVs and personal protection gear.
- Indian defence goods reached more than 80 countries; registered exporters rose 13.3% to 145 firms.
- Key markets: the United States (notably subsystems/components), France, Armenia, Philippines, Indonesia, Sri Lanka, Egypt, Israel, Germany, Belgium and several African nations.
- Over five years, Indian defence exports have nearly tripled, signalling deeper integration into global supply chains.
Why should I read this?
Quick version: India just smashed its defence export record — and it wasn’t just ammo and uniforms. Think missiles, radars, aircraft bits and naval kit flying out to 80+ countries. If you watch defence manufacturing, supply chains or export markets, this is the one-line update that explains a lot about where India sits on the global map right now.