Question
What is the total value of defence exports recorded by
India in the Financial Year 2024–25, marking the highest-ever figure to date?Solution
India recorded defence exports worth ₹23,622 crore in the Financial Year 2024–25, the highest ever achieved to date. Export Growth Highlights • In FY 2024–25, India achieved record defence exports of ₹23,622 crore (approximately US$ 2.76 billion). • This represents an increase of ₹2,539 crore or 12.04% growth over the previous financial year. • In FY 2023–24, the defence exports stood at ₹21,083 crore. Sector-Wise Contribution in FY 2024–25 • Private Sector: ₹15,233 crore • Defence Public Sector Undertakings (DPSUs): ₹8,389 crore o DPSUs saw a notable growth of 42.85%, rising from ₹5,874 crore in FY 2023–24. Significance • This record performance reflects the growing international acceptance of Indian defence products. • It also shows India’s increasing integration into the global defence supply chain, showcasing capability, reliability, and competitiveness.
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