“Why Bharat Is Expanding Fighter Jet and Missile Production”, BeatsInBrief, 26 Sep 2026.
“India could achieve its Rs 50,000 crore defence export target by 2028, nearly two years ahead of the official 2030 deadline, Defence Secretary Rajesh Kumar Singh said on Friday.
Speaking at a Public Affairs Forum of India conference, he pointed to strong overseas demand for indigenous missiles, artillery systems and other equipment as the key driver.
Defence exports reached a record Rs 38,424 crore in 2025-26, a sharp rise from just Rs 686 crore in 2013-14. Singh said the momentum of enquiries and orders suggested the higher target was within reach earlier than planned.
Cost Advantage as a Competitive Edge
Singh highlighted India’s pricing edge in the missile segment as a major factor supporting export growth. “Our USP really is that we can offer missiles, and I won’t name the missile, but similar missiles at almost one-fourth of the price of what foreign OEMs offer,” he said. He added that lower production costs for Indian missiles generally make the category particularly attractive for overseas buyers……..”
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