India’s defence exports comprised a wide array of weapons and platforms – from BrahMos supersonic cruise missiles to advanced artillery guns. (File photo)
New Delhi: The Ministry of Defence announced on Tuesday that India’s defence exports have witnessed a growth of 12.04 per cent, reaching ₹23,622 crore in FY 2024-25 compared to ₹21,083 crore in the previous financial year.
The country’s defence public sector undertakings (DPSUs) have shown a significant increase of 42.85 per cent in their exports during 2024-25, reflecting the growing acceptability of Indian products in the global market and the ability of the Indian defence industry to integrate into global supply chains.
The private sector and DPSUs have contributed ₹15,233 crore and ₹8,389 crore respectively to defence exports in 2024-25, whereas the corresponding figures for 2023-24 stood at ₹15,209 crore and ₹5,874 crore.
“India has evolved from a largely import-dependent military force to one increasingly focused on self-reliance and indigenous production. In a major boost to defence exports, a wide range of items from ammunition, arms, subsystems/systems and parts and components have been exported to around 80 countries in the just-concluded financial year,” the ministry stated.
The Department of Defence Production maintains a dedicated portal for application and processing of export authorization requests. The ministry noted that 1,762 export authorizations were issued in 2024-25 compared to 1,507 in the preceding year, registering a growth of 16.92 per cent. The total number of exporters also grew by 17.4 per cent during the same period.
The growth in defence exports signals India’s emerging position as a significant player in the global defence manufacturing sector, a key objective of the government's “Make in India” initiative in the defence domain.
