
India’s Defence Export Moment: Can “Made in India” Become a Global Security Brand? India’s defence exports reached a record ₹38,424 crore in FY2025–26 and now span more than 80 countries. The next challenge is considerably harder: turning rapid export growth into durable global credibility, indigenous technology ownership and long-term international business. India’s defence industry is entering unfamiliar territory. For decades, India was principally known as one of the world’s major defence importers. Today, Indian-made defence equipment is being exported to more than 80 countries, while the country’s defence-export value has risen from just ₹686 crore in FY2013–14 to ₹38,424 crore in FY2025–26. That is a remarkable transformation. But the more interesting question for the international market is no longer whether India can export defence equipment. It is: Can India become a trusted global defence technology supplier rather than simply a lower-cost source of military hardware? That distinction could determine whether the current export boom becomes a permanent feature of India’s industrial economy. From ₹686 crore to ₹38,424 crore The numbers explain why India’s defence sector has suddenly become an international business story. Defence exports grew 62.66% in FY2025–26, rising from ₹23,622 crore the previous year to ₹38,424 crore. The private
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