Overview
- India's defence production is expected to exceed Rs 1.60 lakh crore in 2025, with a roadmap to reach Rs 3 lakh crore by 2029.
- 75% of the defence capital procurement budget is reserved for domestic companies, promoting self-reliance and reducing import dependency.
- Defence exports have risen significantly, targeting Rs 30,000 crore in 2025 and Rs 50,000 crore by 2029, with products now being sent to around 100 countries.
- Manufacturing aero engines remains a key technological challenge, with ongoing discussions involving global firms such as Safran, GE Aerospace, and Rolls-Royce.
- India is positioning itself as a leader in global defence supply chains while preparing for future technology-driven conflicts in cyber and space domains.