By Admin 
India Defense Exports Data: There was a time when India used to buy weapons from other countries. The Indian Army depended on foreign weapons. But, today it is not so. Today, India is not only making indigenous weapons for its army, but is also selling Indian weapons around the world. Let us know what new status did India’s Defense Exports achieve this year.
How many weapons did India sell this year
India has set a new record in terms of defense exports in FY 2024-25. According to the Ministry of Defense, this year India exported defense equipment worth Rs 23,622 crore (about 2.76 billion), which shows a 12.04 per cent increase against 21,083 crore in the previous year (2023-24). However, this growth is less than the previous year’s 32.4 per cent, when exports increased from 15,920 crores to 21,083 crore.
Defense PSUS’s tremendous performance
The government had set the target of defense exports 30,000 crores this year, but we lagged behind 21.26 percent. However, now the government is eyeing the target of defense exports of 50,000 crore by 2029. Talking about this year, against the private sector, the Defense Public Undertakings (DPSUS) performed brilliantly. According to the Ministry of Defense (MOD), Defense PSUS recorded an increase of 42.8 per cent in 2024-25.
Who is buying India’s weapons?
India exported defense equipment and weapons to about 80 countries this year. Countries like America, France and Armenia topped India in terms of buying defense equipment and weapons from India.
Government policies increased exports
In recent years, the government has taken steps such as simplifying the industrial licensing process, removing the Palpras from the license system and making the export process easier, which has led to a boost to the defense industry. Defense Minister Rajnath Singh congratulated everyone on this achievement and said that under the leadership of Prime Minister Narendra Modi, India is moving rapidly towards self -sufficiency.
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