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India’s defence production reaches Rs 1.27 trillion; exports to 90+ countries

India's defence exports crossed Rs 210 billion for the first time in 2023-24, and the ministry has set a target to increase this figure to Rs 500 billion within the next five years.Read more

India eyes Rs 3 trillion defence production by 2028-29

The Ministry of Defence was allocated Rs 6.21 trillion in the Union Budget 2024-25, which is the highest among the Ministries.Read more

Complete list of 101 defence items selected for progressive import ban

Ministry of Defence's import embargo on 101 items - that include simple parts as well as some high technology weapon systems - is expected to offer a huge opportunity of about Rs 4,000 billion to the Indian defence industry within the next five to seven years.Read more

Defence Ministry’s import embargo to open up Rs 4,000 bn opportunity for domestic industry

The list of 101 embargoed items comprises of not just simple parts but also some high technology weapon systems. Of these, items worth almost Rs 1,300 bn each are anticipated for the Army and the Air Force while items worth almost Rs 1,400 bn are anticipated by the Navy. Read more

Development of defence production corridors to boost indigenisation

The proposal of the Budget 2018-19 to develop two defence industrial production corridors is expected to promote indigenous manufacturing of defence equipment in the country. Read more

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