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India's Defence Exports Surge Past 80 Nations
17 Aug
Summary
- India's defence production hit ₹1.78 lakh crore in FY26.
- Defence exports grew by 62.7% to ₹38,424 crore.
- Pinaka rocket system gains international traction with exports to Armenia.
India's defence sector is undergoing a profound transformation, moving beyond reducing import reliance to designing, manufacturing, and exporting complete defence systems.
Defence production reached ₹1.78 lakh crore in FY26, with exports soaring by 62.7% to ₹38,424 crore, reaching over 80 countries. Domestic production now covers nearly 65% of defence equipment needs.
The Pinaka Multi Barrel Rocket Launcher system exemplifies this progress, with DRDO successfully testing its long-range guided variants. India has already commenced exporting Pinaka systems, with Armenia being a notable overseas customer.
Companies like Solar Industries and Apollo Micro Systems are key players in this burgeoning ecosystem. Solar Industries is a major supplier for Pinaka, with a significant order book, while Apollo Micro Systems provides critical electronics and subsystems for various defence programs, including Pinaka.
These companies are expanding their capabilities and order books, supported by government initiatives like Positive Indigenisation Lists and defence corridors, positioning India as a growing force in the global defence market.
