India Defence Exports: From Major Buyer to Global Defence Manufacturer

From Buyer to Supplier: How India Is Building a Global Defence Export Industry India’s defence story is changing — and the interesting part is no longer only what the country buys, but what the world is beginning to buy from India. For decades, India was better known as one of the world’s major defence importers. Today, a different picture is emerging.
In financial year 2025–26, India’s defence exports reached a record ₹38,424 crore, up from ₹23,622 crore a year earlier — a rise of 62.66%. At the same time, domestic defence production reached an all-time high of ₹1.78 lakh crore. Indian…
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Story file
- Section
- Business
- Topics
- Economy & RBI, Defence & security
- First reported by
- Doonited News
- Reporter
- pradeep banerjee
- Published
- Friday, 16 October 2026, 10:27 am IST
- Coverage
- One outlet so far
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