India Becomes Global Arms Powerhouse: $2.8 Billion Defense Exports, 34x Growth in a Decade

India
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CNBC Awaaz•26-01-2026, 12:02
India Becomes Global Arms Powerhouse: $2.8 Billion Defense Exports, 34x Growth in a Decade
- •India's defense exports reached $2.8 billion in FY2024-25, a 12% increase from last year and 34 times more than a decade ago.
- •India now sells weapons, software, and equipment to over 100 countries, with the US, France, and Armenia as top buyers.
- •Domestic defense manufacturing hit a record $18 billion, nearly doubling in five years, producing missiles, cannons, and naval ships.
- •India is emerging as an "Affordable Arms Supplier," offering products like 155mm artillery shells and howitzer cannons at significantly lower prices than European counterparts.
- •The performance of Akash Teer AI-based systems and BrahMos missiles during a recent clash with Pakistan has boosted India's marketing strength, attracting interest from 14-15 countries for BrahMos.
Why It Matters: India has transformed from a major arms importer to a significant global exporter, driven by affordable, advanced defense manufacturing.
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