Defence exports

India’s Defence Exports Log Over 12 Per Cent Growth At Record Rs 23,622 Crore In FY25

In a major boost to defence exports, wide range of items from ammunition, arms, sub-systems/systems and parts and components have been exported to around 80 countries in the just-concluded fiscal.

 

Apr 01, 2025, 19:20 PM IST

India's Defence Sector Presents Long Runway Of Growth: JP Morgan

India's defence exports reached a record Rs 21,083 crore (approximately USD 2.63 billion) in the financial year 2023-24, marking a 32.5 per cent increase from Rs 15,920 crore in the previous fiscal year. 

Nov 27, 2024, 17:28 PM IST

India's goal is to increase defence exports to USD 5 billion in next 5 years: PM Narendra Modi at DefExpo 2020 in Lucknow

India is not only a major market globally but a vast opportunity for the world as well, he said, asserting that Uttar Pradesh is going to be one of the biggest defence manufacturing hubs in India. Lack of proper policy initiative in the last several decades made India the biggest importer of defence platforms, he added.

Feb 05, 2020, 17:03 PM IST

Indian defence exports pegged at Rs.1,200 crore this fiscal

India's defence exports could exceed Rs.1,200 crore this year, Defence Minister Manohar Parrikar said.

Oct 17, 2015, 02:15 AM IST

Parrikar hints at more liberalised defence exports regime

Advocating for a larger role for India in the Indian Ocean Region and ASEAN, which are witnessing an increased Chinese influence, Defence Minister Manohar Parrikar today hinted at the possibility of having a more liberalised defence exports regime for friendly nations.

Mar 21, 2015, 18:11 PM IST