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Economy

A 34-Fold Growth in Defence Exports: Is India About to Become the Global Arms Giant?

Dolon Mondal
Last updated: May 14, 2025 4:23 pm
Dolon Mondal
Defence Exports

India’s Defence Exports Are Skyrocketing — And It’s About Time

India’s defence exports have jumped 34 times in just 10 years. In 2024-25 alone, we sold military goods worth ₹23,622 crore — up from a mere ₹686 crore in 2013-14. That’s not a small win. That’s a tectonic shift.

This is the real impact of Atmanirbhar Bharat — not just slogans, but serious scale. For every Indian, this means more jobs, more tech, and a stronger seat at the global table.

From Import-Addict to Export Powerhouse

For decades, India was a defence importer — we depended on foreign powers to protect our borders. Now? We’re exporting missiles, arms, and systems to over 80 countries.

Think about it: from begging for rifles to selling rocket launchers — that’s not just progress. That’s payback.

This turnaround wasn’t magic. It came from years of policy change, investment, and a whole lot of ambition.

What Changed?

Credit where it’s due: the government’s ‘Make in India’ and Atmanirbhar Bharat policies have worked.
Schemes like Production-Linked Incentives (PLI) helped Indian defence manufacturers grow faster and compete globally.

More defence hubs are being set up. Big global players are now collaborating with Indian firms. We’re not just assembling parts — we’re making the tech.
This is how self-reliance starts: not with noise, but with nuts and bolts.

Also Read Q4 Profit Report: Tata Motors Shares Fall 1.5% as Q4 Profit Drops to ₹8,470 Cr; Announces ₹6 Dividend per Share

Investors Are Catching On

Defence stocks are flying. The Nifty India Defence Index shot up 30% in just 3 months.
Why? Because the market knows — a nation that builds its own weapons doesn’t just protect its borders, it builds wealth.

Recent tensions with Pakistan only proved how vital it is to be self-reliant in defence. India’s homegrown systems showed their power. Investors took note.

PSUs like HAL and Bharat Dynamics have delivered solid returns, riding this export wave.

What’s Next?

The goal now? ₹50,000 crore in defence exports annually by 2029.
With the pace we’re at, it’s not a dream — it’s a deadline.

And the world is watching. We’re no longer just guarding our borders. We’re shaping the battlefield tech for dozens of countries.

In short: we’re not just buying peace — we’re selling it too.

India’s defence exports are more than a number. They’re a statement: we’ve stopped asking, and we’ve started offering.
For a country that once stood in the global queue for arms — this is our made-in-India moment.

Also Read Turkey Travel Plea Backfires: Why Indians Are Furious—and Not Forgiving

TAGGED:IndiaIndia's Defence Exports
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