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Story summary
- India’s defense exports reached a record $4.1 billion in the fiscal year ending March 2026, up 60% from the prior year.
- The rise is driven by rising global demand for Indian-made military equipment.
- Defense Minister Rajnath Singh said the growth reflects increasing international confidence in India’s manufacturing capabilities.
- India exported defense equipment to over 80 countries and remains the world’s second-largest arms importer behind Ukraine.
