The DPSU Export Surge: A Structural Shift or a Contractual Peak?

Introduction However, it was not until April 2026 that the Ministry of Defence of India released statistics that shook the world of international arms. Defence exports for the Financial Year 2025-26 touched the all-time-high mark of ₹38,424 crore ($4.6 billion), which represents an astronomical jump of 62.66 per cent compared to the preceding period. Nevertheless,…