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About Defence Sector

Guardians of Growth: Seizing Investment Prospects in India's Defence Realm.
India's status as the world's third-largest military spender unveils remarkable prospects in the defence domain. Aspirations are set high, aiming for a USD 22 billion defence sector with USD 4 billion in exports by 2025. Bolstering this pursuit, the Ministry of Defence commands a significant USD 72 billion budget, constituting 13.18% of the total.
Evidencing commitment, the defence budget has surged by 13% year-on-year. To nurture a robust defence manufacturing ecosystem, two Defence Industrial Corridors have emerged in Uttar Pradesh and Tamil Nadu, enticing investments into the sector.
Aligned with self-reliance goals, the Defence Acquisition Procedure 2020 streamlines business processes for the industry's betterment, showcasing India's commitment to innovation and growth.
Delve into Defence investment projects in India, contributing to a secure and prosperous future.

Defence Snapshot

  • 14 Opportunities
  • USD 1.05 bn Worth

Mode of Implementation

  • 6 EPC
  • 1 To Be Finalized
  • 1 Pure Private
  • 0 PPP
Top performing states
Defence | Requirement

Sub-Sectors in Defence

Defence Manufacturing

14 Opportunities

USD 1.05 bn worth

India is among top 5 countries in defence expenditure

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Latest Updates
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Policies
  • Scheme for Promotion of MSMEs in Defence

    A Scheme aimed to promote MSMEs in defence has been accorded approval.

  • Defence IPR Policy for Jointly Developed Software Products

    IPR guidelines for softwares and programs developed for the government

  • Updated Defence Procurement Procedure 2016

    DPP is an opportunity to improve efficiency of the procurement process, usher change in the mind-sets of the stake holders and promote growth of the domestic defence industry.

  • Defence Offset Guideline

    The objective is to leverage capital acquisitions to develop Indian defence industry by (i)fostering development of internationally competitive enterprises, (ii) augmenting capacity for RD&D related to defence products and services (iii) encouraging development of synergistic sectors.

  • Procedures for the Grant of Industrial Licenses have been streamlined

    Streamlining the Procedure for Grant of Industrial Licenses: i) Increasing the validity period of Industrial License ii) Removal of stipulation of annual capacity in the Industrial Licenses iii) Sale of Defence items to Government entities without approval of Ministry of Defence