New Delhi: India has emerged as a major power in global defence manufacturing, with exports of military hardware surging to Rs 38,424 crore in 2025-26 driven by a significant push toward indigenous production, Defence Minister Rajnath Singh said on Friday.
In a message to the armed forces on the eve of Independence Day, Singh also said that the Defence Acquisition Council (DAC) has granted approval to projects worth more than Rs 8.75 lakh crore in the last one year as the government is determined to modernise the military.
