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Defence budget FY26-27

₹7.85 L cr

+15.19% YoY

All-time-high Ministry of Defence allocation in Union Budget 2026-27, up 15.19% over FY 2025-26 Budgetary Estimates.

as of 2026-02-01 · source ↗

Indian Navy fleet strength

137 ships & subs

58 more under construction

Navy currently operates 137 ships and submarines plus 264 aircraft; 58 naval ships under construction as of 2025 (PRS analysis of Defence Demands for Grants 2026-27).

as of 2026-02-17 · source ↗

IAF fighter squadrons

29 sqns

vs 42 sanctioned

Fighter squadron strength dipped to 29 — against the sanctioned 42 — after the MiG-21's retirement on 26 Sep 2025.

as of 2025-09-26 · source ↗

Defence exports FY25-26

₹38,424 cr

+62.66% YoY

Record defence exports of ₹38,424 crore in FY 2025-26, up ₹14,802 crore (62.66%) over FY 2024-25's ₹23,622 crore.

as of 2026-04-02 · source ↗

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