Who is buying rocket launchers and missiles from India in Iran Israel tension? Significant increase in defense exports
- India’s growing influence in arms markets at the global level
- Global Demand for Indian Arms
- Who exactly is buying rocket launchers and missiles from India?
India’s defense exports: In the financial year 2025-26, India’s defense exports hit an all-time high. The market underlines India’s growing influence and grip in arms markets at the global level. Therefore, there is a significant increase in defense exports. But who exactly is buying rocket launchers and missiles from India “text-align: justify;”>According to data from the Ministry of Defence, India’s defense exports have increased tremendously in the year 2025-26. It has reached Rs 38,424 crore which is the highest level ever. This figure is a nearly 25-fold increase from Rs 1,522 crore recorded in 2016-17. This shows the huge expansion that has taken place in this sector in the last one decade.
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Global Demand for Indian Arms
Barring some minor fluctuations, the trend of exports is seen to be moving towards a steady upward trend. In the financial year 2018-19, defense exports crossed the Rs 10,000 crore mark for the first time. Subsequently, it saw a slight decline during the Covid-19 pandemic. But since 2021-22 there has been a rapid increase in exports. From 2023-24 to 2025-26 alone, export volume is estimated to increase from Rs 21,083 crore to Rs 38,424 crore. It is clear from this that defense equipment and systems manufactured in India are in high demand at the global level. The government has set a target of increasing defense exports to Rs 50,000 crore by 2029.
What is India selling?
India’s defense exports are no longer limited to minor spare parts; So its scope has now expanded significantly. India currently exports a variety of items ranging from Tejas fighter jets to BrahMos supersonic cruise missiles, Pinaka multi-barrel rocket launchers, radars, armored vehicles, anti-drone systems, Dhruva and ‘Prachand’ helicopters, Aakash air defense missile systems, bulletproof jackets, and ammunition, all of which are in high demand in the global market.
Who is buying arms from India?
India currently supplies defense material to more than 100 countries. The US currently tops the list; America buys aircraft fuselages, sub-systems and spare parts from India. After the US, the list also includes several other nations such as France, Armenia, Philippines, Germany, Israel, Indonesia and Egypt.
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