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India’s Defence Production Reaches Record Rs 1.78 Lakh Crore

India’s Defence Production Reaches Record Rs 1.78 Lakh Crore
India’s defence production hits Rs 1.78 lakh crore: Who stands to gain from the boom? · financialexpress.com

India made more defence equipment than ever before in the financial year 2025-26.

The total value was Rs 1.78 lakh crore.

This was higher than the previous year and much higher than five years earlier.

Government-owned defence companies made most of the equipment.

Private companies made about one-quarter of it.

India also exported defence equipment worth Rs 38,424 crore to more than 80 countries.

The government says this supports its goal of making India more self-reliant.

However, these numbers do not show exactly how much of the equipment was made using Indian parts or how profitable the companies were.

Key facts

Defence production
Rs 1.78 lakh crore in FY2025-26
Year-on-year growth
15.6% from Rs 1.54 lakh crore in FY2024-25
Growth since FY2020-21
110% from Rs 84,643 crore
Private-sector share
24%, compared with 22% in FY2024-25
Private-sector contribution
Approximately Rs 42,000 crore
Defence exports
Rs 38,424 crore, up 62.66% from the previous year
Export reach
Defence equipment supplied to more than 80 countries

Quotes

Sanjay Seth

India’s Minister of State for Defence

“India is now exporting defence equipment to several countries and has witnessed a significant increase in defence production and exports over the past decade.”
financialexpress.com

Sources

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