India’s defence sector has recorded a remarkable transformation in the last decade, moving from import dependence to becoming an emerging global exporter. Defence exports have grown nearly 35 times, rising from ₹686 crore in FY14 to ₹23,622 crore in FY25. At the same time, domestic defence production has more than tripled, surpassing ₹1.5 lakh crore in FY25. This surge has been supported by policy reforms, indigenization drives, and private sector participation.

Defence Minister Rajnath Singh highlighted that India now supplies defence equipment to nearly 100 countries, ranging from radars and protective gear to artillery and naval platforms. The government has set ambitious export targets, aiming for ₹30,000 crore in FY26 and ₹50,000 crore by 2029. These goals align with India’s strategic vision of positioning itself as a global hub for defence manufacturing under the Atmanirbhar Bharat initiative.

Policy reforms such as easing foreign investment caps, creating defence corridors, and supporting start-ups through innovation challenges have accelerated the sector’s growth. State-owned enterprises and private firms are collaborating to develop advanced technologies such as drones, electronic warfare systems, and missile platforms. The Indian Navy and Air Force have also adopted indigenously developed systems, boosting domestic demand and industry confidence.

This remarkable rise underscores India’s shift from being the world’s largest arms importer to aspiring for a leading role in the global defence supply chain. If sustained, these exports will not only strengthen national security but also generate high-value employment, technological advancements, and global recognition for Indian industry.