The Defence Ministry will hold its yearly review of 16 Defence Public Sector Undertakings, or DPSUs, on September 1, 2026, in New Delhi. Raksha Mantri Rajnath Singh will lead the meeting, which will focus on building Indian defence technology and growing international sales of defence goods.
What happens at the review
Seven major DPSUs will hand over dividend payments to the Raksha Mantri during the event. These companies are Hindustan Aeronautics Limited (HAL), Mazagon Dock Shipbuilders Limited (MDL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders and Engineers Limited (GRSE), BEML, and MIDHANI. The dividend cheques represent profits from the government’s shareholding in these firms for the financial year 2025-26.
The Raksha Mantri will also release four publications. These include a book titled ‘Aatmanirbhar DPSU – A journey of DPSUs towards Self-Reliance’, which documents the sector’s push towards independence from foreign suppliers. DISHA, a new initiative offering students hands-on learning about defence technologies and modern manufacturing, will also be unveiled. Additionally, HAL’s modernisation roadmap and indigenisation roadmap will be made public.
The numbers behind DPSUs
Defence PSUs have performed well in the last financial year. Their combined turnover reached Rs 1.29 lakh crore, representing growth of 15.4 percent compared to the previous year. Total profit after tax across all DPSUs stood at Rs 23,136 crore, up 15.6 percent from the year before. Most notably, defence sector exports jumped by 151.2 percent in 2025-26 versus 2024-25.
What this means for you
The strong performance of defence PSUs indicates India is moving towards becoming more self-sufficient in defence manufacturing and reducing dependence on foreign suppliers. Rising exports suggest Indian defence products are finding buyers internationally. The launch of DISHA opens opportunities for students interested in defence technology and manufacturing careers. If you work in or supply to the defence sector, increasing profitability and export growth suggest expansion opportunities ahead.