India has the 2nd largest standing army in the world, and is the fifth largest investor in defence technology and equipment.
of India's GDP was spent on defence assets.
projected turnover in defence manufacturing by 2025.
FDI allowed in the sector under automatic route.
FDI is permitted through government route.
annual turnover of the private sector in Defence and Aerospace in 2018-19.
is the total value of production for OFB & DPSUS India.
Defence Corridors being set up in Uttar Pradesh and Tamil Nadu.
to enable tie-ups with foreign Original Equipment Manufacturers (OEM) in defence production and R&D.
Focus on Indigenously Designed Developed and Manufactured (IDDM) category is expected to bring significant investments in defence R&D.
One of the key objectives of the Make in India initiative of the Government of India is to bring Micro, Small and Medium Enterprises (MSMEs) into the defence supply chain and thereby boost the self-reliance of the country in defence, and also contribute towards the burgeoning defence exports market.
The aim of the Defence Acquisition Procedure (DAP), erstwhile Defence Procurement Procedure (DPP), is to ensure timely procurement of military equipment, systems and platforms as required by the Armed Forces in terms of performance, capabilities and quality standards, through optimum utilisation of allocated budgetary resources.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments
Airbus has supplied technology to India's civil aviation and defence sectors
BAE Systems recognizes India as one among its top global defence markets
Lockheed Martin to make F-16 Block fighter jets in India with local partner
Raytheon to make Stinger air defence missile components with local partner
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments