
From Buyer to Supplier: How India Is Building a Global Defence Export Industry India’s defence story is changing — and the interesting part is no longer only what the country buys, but what the world is beginning to buy from India. For decades, India was better known as one of the world’s major defence importers. Today, a different picture is emerging. In financial year 2025–26, India’s defence exports reached a record ₹38,424 crore, up from ₹23,622 crore a year earlier — a rise of 62.66%. At the same time, domestic defence production reached an all-time high of ₹1.78 lakh crore. Indian defence products are now being exported to more than 80 countries, according to the Ministry of Defence. That does not mean India has suddenly become a global military superpower in manufacturing. But it does mean something important has changed: India is increasingly becoming part of the international defence supply chain — as a manufacturer, supplier, technology partner and exporter. And that may ultimately be more significant than a single missile sale. What is India actually exporting? The popular image of defence exports is a missile leaving a launcher and heading towards some distant horizon. The reality is much larger
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