Page 2 - Defence Exports

India exports second batch BrahMos missile to Philippines via sea

The delivery of BrahMos supersonic cruise missiles to the Philippines is part of a $375 million deal signed in 2022 between New Delhi and Manila

Defence exports hit record Rs 23,622 cr in FY25, but pace of growth slows

Private sector defence exports stayed largely flat year-on-year

India's defence exports surge to record Rs 23,622 crore in 2024-25: Rajnath

India's defence exports have surged to a record high of Rs 23,622 crore (approx. USD 2.76 billion) in 2024-25 registering a 12.04 per cent growth over the previous fiscal, Defence Minister Rajnath Singh said on Tuesday. Singh also said that the country is poised to achieve the target of Rs 50,000 crore in defence exports by 2029. India's defence exports in 2023-24 were Rs 21,083 crore. "India's defence exports have surged to a record high of Rs 23,622 crore in the FY 2024-25," the defence minister said on 'X'. "An impressive growth of Rs 2,539 crore or 12.04% has been registered in the just-concluded FY over the defence exports figures of FY 2023-24, which were Rs 21,083 crore," he added. Singh also congratulated all the stakeholders on this "significant achievement". "Under PM Shri @narendramodi's leadership India is marching towards achieving the target of increasing defence exports to Rs 50,000 crore by 2029," Singh said. The Defence Public Sector Undertakings (DPSUs) have sh

Rajnath Singh calls Aero India 2025 a Maha Kumbh of research & innovation

Aero India 2025: Defence Minister Rajnath Singh said that India continues to be a beacon of peace and prosperity despite geopolitical turbulence

India's defence exports crossed record Rs 21,000 cr over decade: Rajnath

Defence Minister Rajnath Singh said on Monday that India's defence exports have crossed a record Rs 21,000 crore from Rs 2,000 crore a decade ago. Addressing officers at the Army War College (AWC) in more than two-centuries-old Mhow Cantonment, Singh said a target has been set to achieve defence exports of Rs 50,000 crore by 2029. He said mastering frontier technologies is the need of the hour in the constantly evolving times, noting that military training centres are playing a crucial role in equipping and readying soldiers to deal with future challenges. "Our defence exports, which were around Rs 2,000 crore a decade ago, have crossed the record figure of Rs 21,000 crore today. We have set an export target of Rs 50,000 crore by 2029," Singh said. He said Made-in-India equipment is being exported to other countries. Singh mentioned radical changes in warfare in his speech, saying that unconventional methods like information warfare, Artificial Intelligence (AI)-based warfare, pro

It's time to launch new phase of self-reliance in defence production: Murmu

President Droupadi Murmu on Friday said the time is now ripe for launching a new phase of self-reliance in defence production by manufacturing technologically advanced equipment within the country. Speaking after awarding the President's Colours to the College of Defence Management (CDM) here, she said the Union Government has taken several measures to enhance indigenous capabilities of the defence industry. Through initiatives such as Make in India, Ease of Doing Business and development of defence industrial corridors, the government is encouraging Indian and foreign investors to invest in the defence sector, she said. With emphasis on indigenization, many defence products have been identified for domestic manufacturing and will not be imported. "The time is now ripe for launching a new phase of self-reliance by manufacturing technologically advanced equipment within India," she said. The officers of the defence forces are expected to wholeheartedly contribute towards achieving

India dispatches first Akash air defence missile battery for export: BEL

Akash surface-to-air missile system battery being exported to 'friendly foreign country', widely speculated to be Armenia, though not officially confirmed

Indian defence exports: From BrahMos to Akash, who are the major buyers?

India's defence exports touched a record Rs 21,083 crore in FY24

Ukraine reportedly using Indian arms against Russia: How and why explained

Moscow has raised concerns about artillery shells sold by Indian manufacturers to European customers turning up in Ukraine, but New Delhi does not appear to have taken action to stop such transfers

Armenia may ask India to upgrade its Su-30s, buy Astra missiles: Here's why

Armenia became the largest foreign recipient of Indian weapons in 2020, with defence contracts with India amounting to an estimated $2 billion

India now among top 25 global defence exporters: Economic Survey 2023-24

Economic Survey 2023-24 says India has gone from being world's second-largest arms importer between 2015 and 2019 to securing a place in the list of the top 25 arms exporter nations

Defence ministry tightens control on exports, increases equipment oversight

Governments of countries purchasing arms must declare that they will not send the defence exports from India to any other country

India's FY24 defence exports jump record 32.5%, touch Rs 21,083 crore

These figures indicate that the defence exports have grown by 31 times in the last decade

Defence exports: A strategic imperative

India's rise as a reliable exporter of defence equipment provides an excellent opportunity to embellish its growing stature on the global stage

India's defence exports cross Rs 6,000 crore in FY24, shows DDP data

Total defence exports over the last five years has now crossed Rs 52,000 crore

An ode to start-ups in defence

Policy initiatives like Idex have put the defence industry on the path to self-reliance. It is time now to expand and build upon this success to achieve the broader objective of Make in India

India is taking its place on global economic map due to Modi: Rajnath Singh

Rajnath Singh stated that efforts were being made to create a strong, and tech-savvy armed forces on the back of a robust defence industry

DRDO assures all possible support to make India a net defence exporter

Secretary Department of Defence R-D and Chairman of the Defence Research and Development Organisation (DRDO) Samir V Kamat assured all possible support to make India a net defence exporter

China's arms exports declined by 23% in 10 yrs, signaling stockpiling

"Chinese companies may be already sending Russia electronic parts for anti-aircraft missile radars," Geopolitica wrote citing the US-based Centre for Advanced Defense Studies.

India's defence equipment exports reach Rs 16,000 crore this year

This amounts to a ten-fold increase since 2016-17, when exports were Rs 1,521 crore