MILITARY
From Importer to Global Seller: India’s Defence Exports Hit Record ₹38,424 Crore in FY26, Led by BrahMos Success
India’s defence export sector has achieved a historic milestone, reaching an all-time high of ₹38,424 crore (approximately $4.6 billion) in the 2025-26 fiscal year. Bolstered by the execution of the BrahMos supersonic cruise missile contract with the Philippines, a newly signed $620 million deal with Vietnam in May 2026, and major weapons sales to Armenia, the 'Make in India' initiative has officially transformed the country from the world's largest arms importer into an emerging global exporter.
By Arjun Mehta|yesterday