India’s defence exports 'skyrocket' to all-time high of Rs 38,424 crore; up 62%

India's defence exports reached a record Rs 38,424 crore in FY 2025-26, a significant 62.66% surge from the previous fiscal year. This achievement, driven by both public sector undertakings and private firms, highlights growing global confidence in India's indigenous defence manufacturing capabilities and its ambition to become a global hub for defence equipment.