Indian defence-industrial trade press

Breaks down the Rs 38,424 crore FY26 total: DPSUs contributed Rs 21,071 crore (up 151%), private sector Rs 17,353 crore (up 14%); 145 exporting firms, 100-plus destination countries; US and France dominate the components tier.

“India's defence exports reached Rs 38,424 crore in FY2025-26, with defence public sector undertakings tripling their contribution year-on-year.”

Reports Yantra India Limited shipping the first batch of Guided Pinaka rockets for Armenia in March 2026, under a $250M 2022 government-to-government deal covering Pinaka Mk-I, Mk-I Enhanced and Guided MLRS systems.

“Yantra India Limited shipped its maiden batch of Guided Pinaka rockets for Armenia, the first delivery of an advanced guided artillery system to a foreign military.”

Reports the April 13 2026 HAL-GE F414 ToT MoU in detail, breaking down which subsystems are included (hot-section components, turbine blades, combustor) and which are excluded (FADEC), and quoting HAL CMD on the 2029 first-production target.

“India scored 80 percent technology transfer for the F414 engine, covering hot-section manufacturing, but the FADEC digital controller remains with GE.”