India's defence exports are projected to reach Rs 50,000 crore by FY29, driven by competitive pricing, relaxed export controls, and rising global demand for indigenous systems.
Government policies are supporting this growth
Jul 13, 2026
03:53 pm
What's the storyIndia's defense exports are likely to touch ₹50,000 crore by the end of financial year 2028-29 (FY29), a report by Kotak Institutional Equities has said.
The report said that indigenous weapons systems are increasingly gaining global acceptance and geopolitical tensions are driving military expenditure.
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