India's Defence Exports Hit Record High in FY 2024-25
| Category | Details |
|---|---|
| Record Defence Exports | Rs 23,622 crore (US$ 2.76 billion) in FY 2024-25, a 12.04% increase from FY 2023-24. |
| Public Sector Contribution | DPSUs contributed Rs 8,389 crore, a 42.85% growth from Rs 5,874 crore in FY 2023-24. |
| Private Sector Contribution | Private sector contributed Rs 15,233 crore, a marginal rise from Rs 15,209 crore. |
| Export Destinations | Defence products exported to 80 countries. |
| Export Authorisations | 1,762 Export Authorisations issued, a 16.92% increase from 1,507 in FY 2023-24. |
| Registered Exporters | Total number of registered defence exporters increased by 17.4%. |
| Key Products Exported | Ammunition, arms, sub-systems, full systems, parts, and components. |
| Government Reforms | Simplified industrial licensing, removal of parts/components from licensing regime, extended license validity, and streamlined export authorizations. |
| Future Vision | Target of Rs 50,000 crore in defence exports by 2029, aligned with Atmanirbhar Bharat. |