Key Achievements
- Export growth: 62.66% increase over previous fiscal year.
- Exports have steadily increased from 2021-22 to 2025-26
- Sectoral Contribution:
- Defence Public Sector Undertakings (DPSUs): 54.84%
- Private Sector: 45.16%.
- Global Reach: India’s defence exports have expanded to 80+ countries as of FY 2025-26.
Significance
- Strategic: Positions India as a global manufacturing hub for defence equipment.
- Diplomatic: Defence exports build trust, interoperability and long-term partnerships.
- Promote Indigenization: India's indigenous defence production hit a record high in FY 2023-24.
- Realising Atmanirbhar goal: India targets ₹3 lakh crore defence production and ₹50,000 crore exports by 2029.
- Others: Employment Generation, Increasing private sector participation etc.
Persisting Challenges: High import dependence, global disruption vulnerabilities, Competition from global players, regulatory delays etc.
Key Initiatives to Promote Defence Exports
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