India’s Defence Exports Jump 34 Times In 11 Years, Budget Sees 2.7x Boost — Ministry Data Follows Operation Sindoor

Ministry of Defence (MoD) reported a 34-fold increase in the value of India's defence exports, from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25.

The notable point is that private sector exports have a greater share with Rs 15,233 crore export in 2024-25, as compared to Defence Public Sector Units (DPSU), whose export value was Rs 8,389 crore for the same year.

However, DPSU exports grew by 42.85 per cent in 11 years, export authorisations rose by 16.92 per cent, and exporters increased by 17.4 per cent.

"India exports to around 80 countries aiming for Rs 50,000 crore in exports by 2029, strengthening its global defence manufacturing footprint," MoD posted on X.

In another post, it said, "The defence budget increased from Rs 2.53 lakh crore in 2013-14 to Rs 6.81 lakh crore in 2025-26," adding that India is a globally trusted defence exporter, strengthening national security and economic growth.

The MoD credited strategic reforms, private sector participation, and innovation for boosting indigenous manufacturing and making India self-reliant in defence sector.

The revelations come in the backdrop of India-Pakistan tensions, which escalated after Operation Sindoor, although a ceasefire understanding has been reached now.

Explaining the recent armed operations, Prime Minister Narendra Modi, as well as Director General of Indian Air Force operations, Air Marshal A N Bharti mentioned the progress made in the last decade.

Today (13 May), PM Modi said that in the last decade, the world's best technologies have reached our forces, while addressing our defence personnel at the Adampur Air Force Station.

On similar lines, in yesterday's press briefing, Air Marshal Bharti said that the air defence system, which helped India foil Pakistan's attack attempts could be achieved in the last decade.

"This has been possible over the last decade, due to unwavering budgetary and policy support provided by the Government of India, in acquiring state-of-the-art equipment and weapon systems," he said.