INDIA'S DEFENSE EXPORTS HIT RECORD HIGH IN FY25

India’s defence exports have increased 34 times in the last 11 years, from just Rs 6.8 billion in FY14 to reach a record high of Rs 236.2 billion in FY25. The country is not only producing for itself but also exporting to other nations. In fact, the country's ‘Atmanirbhar Bharat’ slogan has proved to be a boon for the defence sector, which has, in the true sense, achieved self-reliance. While India is now marching towards the ambitious target of increasing defense exports to Rs 500 billion by FY29, however four companies have been the key drivers of this export surge. These companies are -

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