Record Defence Export Growth
Rising Momentum of Defence Exports in FY 2024-25: India’s defence exports touched ₹23,622 crore (~$2.76 billion) in FY 2024-25, marking the highest-ever achievement in this sector. This was a 12.04% increase compared to ₹21,083 crore recorded in FY 2023-24.
Over the past decade, defence exports have witnessed exponential growth, rising from just ₹686 crore in 2013-14 to the present figure, representing a 34-fold increase.
Static GK fact: India’s first Defence Production Policy was announced in 2011 to promote indigenous defence manufacturing.
Contribution of Private Sector and DPSUs
The private sector played a crucial role, accounting for ₹15,233 crore of the exports in FY 2024-25. Defence Public Sector Undertakings (DPSUs) contributed ₹8,389 crore, reflecting a 42.85% growth over the previous year.
The combined push from private players and DPSUs highlights India’s growing capabilities in both large-scale defence systems and smaller high-technology exports.
Static GK fact: Hindustan Aeronautics Limited (HAL) is the largest DPSU in India, established in 1940.
Expanding Global Reach
India now exports defence equipment to nearly 80 countries, strengthening its role as a reliable supplier in the global defence market. Products range from light combat aircraft, radars, and missiles to maritime systems and protective equipment.
The government has set a target of ₹50,000 crore defence exports by 2029, aligned with the Atmanirbhar Bharat initiative.
Static GK tip: The Defence Acquisition Council (DAC), chaired by the Defence Minister, clears all major acquisitions in India.
Increase in Authorisations and Exporters
In FY 2024-25, a total of 1,762 export authorisations were issued, up 16.92% compared to 1,507 in the previous year. This shows improved ease of doing business in defence exports.
Additionally, the number of registered defence exporters rose by 17.4%, reflecting growing industry participation.
Static GK fact: The Directorate General of Foreign Trade (DGFT) regulates defence export authorisations in India.
Strategic Significance
India’s rise in defence exports is not just about economics but also strategic diplomacy. By supplying equipment to multiple countries, India enhances its defence partnerships, contributes to regional security, and strengthens its global standing.
With consistent policy support, industry participation, and rising demand for indigenous technology, India is positioning itself as a major defence exporter in the coming decade.
Static Usthadian Current Affairs Table
Rising Momentum of Defence Exports in FY 2024-25:
| Topic | Detail |
| Defence exports in FY 2024-25 | ₹23,622 crore (~$2.76 billion) |
| Growth rate from FY 2023-24 | 12.04% |
| Increase since FY 2013-14 | 34 times (from ₹686 crore) |
| Export destinations | Around 80 countries |
| Target for 2029 | ₹50,000 crore |
| Private sector contribution | ₹15,233 crore |
| DPSU contribution | ₹8,389 crore |
| Growth of DPSU exports | 42.85% |
| Export authorisations issued | 1,762 (16.92% higher) |
| Growth in defence exporters | 17.4% |
