Defence Exports

UP allots 1,142 hectares to defence firms as the state's industrial corridor attracts ₹40,000 crore in investments, boosting defence manufacturing and exports

UP allots 1,142 hectares to defence firms as the state's industrial corridor attracts ₹40,000 crore in investments, boosting defence manufacturing and exports

The company is exploring autonomous defence vehicles and logistics drones while targeting a larger share of overseas defence revenue and upcoming mobility tenders

The defence technology firm plans to expand its footprint in autonomous strike systems, AI-enabled warfare solutions and drone manufacturing as military demand rises

India possesses geopolitical credibility, growing technological capability, and a thriving defence innovation ecosystem, particularly in emerging technologies, that allows engagement across competing

Defence manufacturer will supply 40,000 artillery shell bodies to a North American customer over the next six months, marking its expansion into ammunition component manufacturing

Private sector must drive defence growth, with successful nations relying on strong public-private partnerships to build competitive and scalable manufacturing ecosystems

India's annual defence exports touched an all time high of Rs 38,424 crore in the financial year 2025-26, marking an over 62 per cent growth over the previous fiscal, Defence Minister Rajnath Singh said on Thursday. The "big jump" in the defence exports reflected the growing "global trust" in India's indigenous defence capabilities, Singh said in a social media post, adding the country is "scripting an impressive defence exports success story." "India defence exports have touched a new all time high with a record Rs 38,424 crore in FY 2025-26. It marks a robust 62.66 per cent growth over the previous fiscal," the defence minister said. "This big jump of Rs 14,802 crore in defence exports reflects the growing global trust in India's indigenous capabilities and advanced manufacturing strength," he said. With DPSUs (defence public sector undertakings) contributing 54.84 per cent and private industry 45.16 per cent, this milestone showcases the power of a collaborative and self-relian

Pakistan has depended on IMF loans for many years to manage its economy, repay debts and support foreign exchange reserves

Defence Minister Rajnath Singh on Sunday said India is witnessing a paradigm shift in defence manufacturing, from being an import-dependent nation to an emerging producer-exporter. He said the country once lacked a robust system to manufacture arms and equipment domestically, but sustained efforts over the last decade have reversed that situation. "Due to our hard work in the last 10 years, our defence production, which was approximately Rs 46,000 crore in 2014, has now grown to a record Rs 1.51 lakh crore. Our defence exports, which were less than Rs 1,000 crore 10 years ago, have now reached nearly Rs 24,000 crore," Singh said after inaugurating 125 strategically significant infrastructure projects of Border Roads Organisation (BRO) here. Spread across the Union Territories of Ladakh and Jammu and Kashmir, and seven states including Arunachal Pradesh, Sikkim, Himachal Pradesh, Uttarakhand, Rajasthan, West Bengal and Mizoram, these projects -- 28 roads, 93 bridges and four ...

India may seek a 20% rise in defence modernisation spending next year as the MoD pushes for faster upgrades, stronger exports, and stricter accountability across domestic and foreign defence suppliers

The country's five biggest defence companies account for less than 2 per cent of global defence shipments, but their share prices have risen on expectations of fresh orders

Singh inaugurated HAL's third production line for the Tejas Mk1A and the second production line for the HTT-40 aircraft

Minister of State for Defence Sanjay Seth on Friday urged MSMEs and startups to work hard to meet the new target of Rs 50,000 cr defence exports. He was addressing the inaugural of the three-day East Tech symposium here. "The country's new target for defence exports is Rs 50,000 crore, and to achieve this goal, the country's MSMEs and startups will have to work hard. Today, 16,000 MSMEs are associated with the Ministry of Defence. This number should increase, and the youth of Jharkhand should also join, he said. Rajinder Singh Bhatia, President, Society of Indian Defence Manufacturers (SIDM) said 175 exhibitors and 400-plus delegates were participating in the East Tech 2025, which shows their commitment to fulfilling the vision of making this country self-reliant and empowered. Lt Gen Ram Chander Tiwari, GOC-in-C Eastern Command, said, SIDM has been a significant support in our efforts. Our partnership with SIDM allows us to provide a platform where defence manufacturers, MSMEs, ..