Defence Manufacturing Sector in India

Market Size

  • The Indian defence sector ranks fourth in terms of firepower with a score of 0.0979 (with 0.0 being the perfect score).
  • The government has set the defence production target at US$ 25 billion by 2025 (including US$ 5 billion from exports by 2025).
  • India is one of the world’s biggest defence spenders with a total outlay of Rs. 5.25 lakh crore (US$ 66 billion), accounting for 13.31% of the total budget and indicating an increase over the budget estimates of 2021-22 by Rs. 46,970 crore (US$ 5.9 billion).

Record Defence Production

  • The value of defence production in ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy April 2024 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Fact Sheet