Latest News & Headlines

India's Defence Trajectory: From Net Importer to Emerging Exporter

The Hindu | Published on: 02-Apr-2025

India’s defence exports reached a record ₹23,622 crore in FY 2024-25, marking a 12% year-on-year growth, driven by increasing global demand for Indian-origin equipment and policy initiatives promoting indigenous manufacturing. However, despite this upward trajectory, India remains a net importer of defence equipment, with major acquisitions like the ₹62,700 crore helicopter procurement deal still outweighing its exports. The composition of imports—mainly advanced platforms—contrasts with India’s export portfolio, which currently includes artillery shells, guns, and small arms. The government aims to bridge this gap by targeting ₹50,000 crore in exports by 2029, emphasizing the journey from a historical defence importer towards a globally competitive exporter.