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India's Defence Exports Surge To Record Rs 23,622 Crore In 2024-25

  • India's defence exports have surged to a record high of Rs 23,622 crore in the FY 2024-25.
  • This marks a 12.04% increase compared to the previous fiscal year when defence exports stood at Rs 21,083 crore.
  • Defence Minister Rajnath Singh stated that India is on track to achieve its target of Rs 50,000 crore in defence exports by 2029.
  • The Defence Public Sector Undertakings (DPSUs) have shown a significant increase of 42.85% in their exports in 2024-25.

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