The record
Written from the 1 report below. Nothing here is unsourced.
- India's defense manufacturing output reached Rs 1.78 lakh crore in the 2025-26 fiscal year.
- Defense exports surged to a record Rs 38,424 crore, covering more than 80 countries.
- Private sector participation in exports grew to 45.16% of the total.
- This shift marks a transition from heavy import reliance to increased domestic production capacity.
What to watch next
- Progress toward the Rs 3 lakh crore production target by 2029
- Continued shift in market share between public and private defense manufacturers
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