Tag: defence production India
MANUFACTURING India’s Defence Industry Set To Grow 19% Annually To ₹3 Lakh Cr By FY29

India’s defence industry is expected to expand from ₹1.78 lakh crore in FY26 to ₹3 lakh crore by FY29, registering a compound annual growth rate (CAGR) of around 19%, while maintaining PBILDT margins of 20–22%, according to CareEdge Ratings. The growth is expected to strengthen domestic defence capabilities, reduce import dependence and enhance India’s position […]

CW Bureau · Aug 8, 2026
ECONOMY India’s Defence Exports Skyrocket To Record ₹38,424 Cr In FY26, Up 63%

India’s defence exports surged to an all-time high of ₹38,424 crore in FY26, registering a sharp increase of ₹14,802 crore, or 62.66%, over ₹23,622 crore recorded in the previous fiscal. This milestone underlines the country’s accelerating progress in becoming a global hub for defence manufacturing and exports. Balanced contribution from public and private sectors The […]

CW Bureau · Apr 2, 2026