India’s Defence Export Boom 2025

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Posted by newadmin on 2025-04-04 09:01:36 |

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In the Financial Year 2024-25, India achieved a significant milestone in defence exports, reaching ₹23,622 crore. This marks a growth of 12.04% compared to the previous year, driven primarily by increased sales of artillery shells, guns, and small arms. The surge in exports highlights India's expanding role in the global defence market and its growing self-reliance in defence manufacturing.

India's defence exports grew by ₹2,539 crore compared to FY 2023-24, with Defence Public Sector Undertakings (DPSUs) witnessing an impressive 42.85% increase in exports. The private sector played a major role, contributing ₹15,233 crore, while DPSUs accounted for ₹8,389 crore. The Department of Defence Production issued 1,762 export authorisations in FY 2024-25, reflecting a 16.92% rise from the previous year’s 1,507 authorisations. This increase points to a more streamlined and efficient process for defence exporters, aided by policy reforms that have simplified licensing procedures and extended their validity.

India's defence products reached approximately 80 countries in FY 2024-25, with major importers including the United States, Israel, and Germany. This marks a shift towards self-reliance in defence production and reinforces India's presence in the international defence market. Defence Minister Rajnath Singh has set ambitious targets for the future, aiming to exceed ₹30,000 crore in exports for FY 2025-26 and achieve ₹50,000 crore by 2029. The Modi government had initially set a five-year target of ₹35,000 crore for aerospace and defence exports.

Ongoing global conflicts, such as the Russia-Ukraine war and the Israel-Hamas conflict, have increased demand for defence products, creating opportunities for Indian defence manufacturers. Countries are focusing on strengthening their military capabilities, and India is positioned to play a key role in supplying advanced defence equipment. The country’s defence strategy has gradually shifted from dependence on imports to a focus on indigenous production. This transformation is backed by government initiatives aimed at fostering a strong domestic defence industry, reinforcing India's vision of becoming a major global defence exporter.

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