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News » India News » India’s defense exports surge from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25: Govt

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India’s defense exports surge from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25: Govt

NM Desk
Last updated: 13 May, 2025 6:33 PM
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India’s defense exports surge from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25: Govt
India’s defense exports surge from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25: Govt

New Delhi: India’s defense exports have surged massively from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25, the Ministry of Defence said on Tuesday. It added that the private sector exports in 2024-25 were Rs 15,233 crore, and the DPSUs exports were Rs 8,389 crore.

Sharing a message on X, the ministry said that even as India’s export authorisations increased by 16.92%, exporters increased by 17.4%. “India Defence Exports surged from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25, a 34-fold increase,” the ministry said further.

India’s #DefenceExports surged from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25, a 34-fold increase. In 2024-25, private sector exports were Rs15,233 crore, and DPSUs Rs 8,389 crore, with DPSU exports growing 42.85%. Export authorisations rose by 16.92%, and exporters… pic.twitter.com/yDVYAwajxG

— Ministry of Defence, Government of India (@SpokespersonMoD) May 13, 2025

It added, “In 2024-25, private sector exports were Rs 15,233 crore, and DPSUs Rs 8,389 crore, with DPSU exports growing 42.85%. Export authorisations rose by 16.92%, and exporters increased by 17.4%. India exports to around 80 countries, aiming for Rs 50,000 crore in exports by 2029, strengthening its global defence manufacturing footprint.”

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It may be noted that India’s defence exports increased to a record high of Rs 23,622 crore in 2024-25. With this, the country registered 12.04 per cent growth over the previous fiscal, Defence Minister Rajnath Singh said.

Also, the DPSUs showed a massive surge of 42.85 percent in their exports in 2024-25, as per an official readout. It further said that the increase in exports reflected growing acceptability of Indian products across the globe and the ability defence sector y to be a part of the supply chain worldwide.

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