Defence Minister to undertake annual performance review of 16 DPSUs in New Delhi
New Delhi, 31 August: Defense Minister Shri Rajnath Singh will undertake the annual performance review of 16 Defense Public Sector Undertakings (DPSUs) in New Delhi on September 1, 2026, underscoring the importance of developing new indigenous technologies and enhancing exports.
During the event, the CMDs of seven DPSUs—Hindustan Aeronautics Limited (HAL), Mazagon Dock Shipbuilders Limited (MDL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders & Engineers Limited (GRSE), BEML, and MIDHANI—will present dividend checks for the government's equity shares to the Raksha Mantri for the Financial Year (FY) 2025–26.
On the occasion, Shri Rajnath Singh will release four books, namely ‘Aatmanirbhar DPSU - A journey of DPSUs towards self-reliance'; DISHA, an initiative of DPSUs for students’ hands-on awareness on defense technologies & modern manufacturing processes; the modernization roadmap of HAL; and the indigenization roadmap of HAL.
This review highlights the government's commitment to fostering self-reliance in defense production and promoting indigenous capabilities, which are crucial for national security and economic growth. The focus on exports also reflects the strategic intent to position India as a global player in the defense sector.
The release of these publications will serve as a valuable resource for stakeholders, providing insights into the progress and future directions of the DPSUs. The event is expected to reinforce the collaborative efforts between the government and the defense industry in achieving the vision of Aatmanirbhar Bharat.
Notably, the performance of DPSUs in FY 2025-26 has been commendable. Their total turnover stood at Rs 1.29 lakh crore, up 15.4% from the figure in FY 2024-25. The DPSUs recorded a cumulative profit after tax in 2025-26 of Rs 23,136 crore, registering a growth of 15.6% over the previous year. Remarkably, in 2025-26, DPSUs achieved an increase of 151.2% in exports over the previous financial year.