Economy, Banking and Finance · 3 November 2026

Defence Minister Rajnath Singh announces India's defence exports rose to ₹38,424 crore in 2025-26 from ₹686 crore in 2013-14

Exam-focused facts from the 3 November 2026 current affairs briefing.

Key facts

  • Defence Minister Rajnath Singh, addressing the third edition of the Delhi Defence Dialogue in New Delhi, stated that India's defence exports increased to ₹38,424 crore in 2025-26 from approximately ₹686 crore in 2013-14.
  • Singh stated that modern warfare has extended beyond land, sea and air into space, cyberspace and the digital domain.
  • The government has established defence industrial corridors and is encouraging greater private industry participation in developing advanced defence platforms and systems.