Defense Business and Industry

India aims for a strong defense industry with ₹3 lakh crore production by 2029.

India is intensifying efforts to build a robust defence industrial base, aiming for ₹3 lakh crore in defence production and ₹50,000 crore in exports by 2029, amid rising geopolitical tensions and supply chain challenges. With indigenous defence production reaching ₹1,27,434 crore, the country emphasizes strategic autonomy and operational readiness, illustrated by successful adaptations of platforms during the Ladakh standoff. However, challenges such as regulatory complexities, financing constraints, and testing delays persist. Moving forward, India plans to implement reforms like a single-window export agency and long-term procurement roadmaps to enhance manufacturing capabilities and streamline operations, underscoring the importance of an indigenous defence base in strengthening national security and international partnerships.

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