India’s defence industry is entering a new phase of growth, with the combat deployment of indigenous weapons giving locally developed systems a stronger stamp of credibility in global markets.
The shift is backed by a sharp increase in defence spending. India’s defence budget has surged from Rs 2.53 trillion in FY14 to Rs 6.81 trillion in FY26, reflecting the Narendra Modi-led government’s strong focus on military modernisation and national security.
