IN 2024, India ’s Defense Budget Is Worth $ 72.9 Billion and Will Grow at a Cagr of more than 3% During 2025-2029.

India Defense Market Outlook, 2024-2029 ($ Billion)

Buy The Full Report for More Insights Into the India Defens Market Forecast

Download a Free Report Sample

The India Defense Market Research Report PROVIDES The Market Size Forecast and The Project Growth Rate for The Next Five Years. Carried Out A Comprehensive Industry Analysis to Determine Key Market Drivers, Emerging Technology Trends, Key Sectors, and Major Challengees Facedsby Market Participants. The India DEFENSE Market Study Has Also Assessed Key Factors and Government ProgramS that are explence the demand for milit Ary platforms over the forecast period.

Market size (2024)Surat Investment

$ 72.9 Billion

Cagr (2025-2029)

Forecast Period

2025-2029Lucknow Investment

Historial Period

2020-2024

Key Drivers

· Modernization

· Territorial Disputes

Key sectors

· Military Fixed-Wing Aircraft

· Ammunitions

· Naval Vessels and Surface Combatants

· Military Land Vehicles

· Military RotorCraft

Leading Companies

· BAE SYSTEMS PLC

· Hindustan Aeronautics LTD

· Shipbuilding Center

· Mazagon Dock Shipbuilders LTD

· General Atomics Aeronautical Systems Inc

Enquire & decide

Discover the perfect solution for your business needs. Enquire now and let us help you make an information.

Modernization and Territorial Disputes Will SPUR Defense Spending in the India Defense Market. For Instance, India Has ONGOING TERRITORIALATES WISTES WITH BOTH China And PAKISTAN. India’s Territorial Dispute with China Extends to the Northeastern State of Arunachal-Pradesh and Northeern State of Jammu and Kashmber.The Territorial Dispute with Pakistan is Primarily Over the Ownership of the Indian State of Jammu and Kashmir and The Marshy Region of Sir Creek.

Buy The Full Report for More Information on India ’s Defense Market Drivers

Download a Free Report Sample

India Increasingly Faces The Prospect of A Two-Front War and has investested Considerable Time in Analyzing The Next Generation of Warfare. St Decade to Continuously Fine-Tunes Operational Gaps and Develop A High Level of Integration and Synergy Between ItsArmed FORCES, so they are capable of Execution Practical Limited Conventional War-Fighting Strategies Against An Adversary. Published a Joint Doctrine in 2010 and Came Up with a Joint Training Doctrine in 2017. The Country Finally Released A Securityof the draft job doctrine for the indian Armed Forces in 2017, Which Aims to Develop A high level of synchronization between the movements and Operations of the ARMY, T he navy, and the air force.

Both Doctrines Aim to Eventual Enhance the Overal Joint-Operations Capability of the Indian Armed Forces. Historial, India Enjoyed Close DEFENSE TIES Th the Soviet Union, and the Country Continues to Maintain Close Defense Ties with Russia, The SUCCESSOR of the Soviet State. Muchof the Indian Defense Equipment in Service With ITS Army and Air Force Is of Russian Origin, and the Country Continues to Relying ENT. For Instance, The Indian Army is among the Larget Operators of the T-90s Main Battle Tank(MBT) And Operates more than 1,600 tanks in 21 regiments of the T-90s mbt.

Buy The Full Report for More Insights on the Milital DOCTRINES and DEFENSE Strategies in the India Defense Market

Download a Free Report Sample

The Key Sectors in the India Defense Market are ammunitions, Naval Vessels and Surface Combatants, Milital Fixed-Wing AirCraft, Militch Land Vehice, and Mi LITARY ROTORCRAFT AMONG OTHERS. In 2024, Mility Fixed-Wing AirCraft Account for the Highest India Defense Market Share.Multirole Aircraft is the largest sub-segment controling to the geowth of this sector, followed by transport Aircraft.

India Defense Market Analysis by Sectors, 2024 (%)

Buy The Full Report for More Sector Insights INDIA ’s Defense Market

Download a Free Report Sample

A Few of the Leading Defense Companies Operating in India Are:

Bae systems plc

Hindustan aeronautics LTDChennai Stock

Shipbuilding center

Mazagon Dock Shipbuilders LTD

General Atomics Aeronautical Systems Inc

India is extended to launch item that the country is to build a fifthter or Advanced Medium Comb At Aircraft with Advanced Stealth Features As Well as ‘Super-CRUISE’ Capabilities. The case for the full-scale EngineeringDEVELOPMENT of the Twin-Endine AMCA Prototypes Has Been Finalized and Will Bet for Approval to the (CCS) by Early Next Year Consultations The DEFENS E and Finance Ministries.

India Defense Market Analysis by Companies

Buy The Full Report for More Company Insights Intia Defense Market

Download a Free Report Sample

India Defense Market Sectors Outlook (Value, $ Billion, 2020-2029)

Ammunitions

Naval Vessels and Surface Combatants

Mility Fixed-Wing AircraftPune Wealth Management

Mility Land Vehicles

Mility RotorCraft

The report provides:

DEFENSE BUDGET Assessment: This Chapter Coveers The Defense Budgeting Process, Market Size Forecasts, Drivers of Expendital, and Allocation Analysis. Xamines Key Market Trends and Insights.

Mility Doctrine and Security Environment: Detailed Analysis of Milital Doctrics, Strategic Alliances, Geopolitical Dynamics, and the Politch, IAL, and Economic Factors Influencing the Security Environment.

Market Entry Strategy and Regulations: This Section Elaborats on Essential Aspects of Procurement Policy and Market Regulations, Market-ENTRY ROUTES, key def ENSE Procurement Bodies, and Major Deals.

Market Attractiveness and Emerging oppointunities: It Evaluates the Attatureness of Various Defense Sectors, Indicating Cumulat Value, and HIGHLI GHTS The Top Sectors and Defense Segments by Value in the Country.

DEFENSE PLATFORMS IMPORT and Export Dynamics: Provides An UNDERSTANDINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINGINE PLATFORM Imports and Exports of the Country 2016. Both Imports and E XPORTS of the Country are provided in terms of value ($ m) and Volume (units), Categorized byCountry and sector.

DEFENSE PLATFORM Acquisitions: It Offers An OverView of Defense Platform Acquisitions by Value. It lists Current Defense Procurement Schedules for The MAJORONGOING A ND Planned Milital Platforms that have ben formulated in the country and elaborators on the reaSons leading to the problem.

Fleet size: Outlines the Current Fleet Sizes of the Army, Air Force, and Navy, Detailing The Year of Acquisition, and the Prime Contractor The equipment.

Competitive Landbavancape: Profiles the main defense companies operating in the country, offering insights into their business OverViews, Latest Contracts, AndanCi, and FINACII, and FINACII, and FINACIII, and FINACIII, and FINACII, and FINACII, and FINACII, Andanci Al Results.

Territorial Disputes with China and Pakistan and DEFENSE MODERNIZATION Are Key Factors Driving Defense

Major ONGoing Procurement Program Include Procurement of Project 75 Alpha (Nuclear-Powered Attack Submarine), RaFael M, Tejas Mark-1A (LCA Tejas MK-1A)

Determine Prospective Investment Areas Based on A Detailed Trend Analysis of the India Defense Market Over The Next Five Years.

Understand the underlying factors driving demand for different defense and internal security segments in the India market and identify the opportunities offered.

Streangthen your undertnding of the market in terms of demand drivers, Market Trends, and the latest technological developments, among Others.

Identify the major threats that are driving the India defense market providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.

Channel Resources by Focusing on the ONGOING ProgramS that are being undertaken by the india government.

Make correct business decisions based on an in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also include information about the key products, alliances, recent contracts awarded, and financial analysis,wherever available.

Bangalore Stock Exchange