India plans to spend US$130bn on military modernisation in the next 5 years, with self-reliance in defence production being a key target.

2.3%

of India's GDP was spent on defence assets.

US$26bn

projected turnover in defence manufacturing by 2025.

74%

FDI allowed in the sector under automatic route.

+49%

FDI is permitted through government route.

US$2.4bn

annual turnover of the private sector in Defence and Aerospace in 2018-19.

US$8bn

is the total value of production for OFB & DPSUS India.

2

Defence Corridors being set up in Uttar Pradesh and Tamil Nadu.

Strategic Partnership

to enable tie-ups with foreign Original Equipment Manufacturers (OEM) in defence production and R&D.

IDDM

Focus on Indigenously Designed Developed and Manufactured (IDDM) category is expected to bring significant investments in defence R&D.

Ministry of Defence

m.subbarayan@nic.in

+91-11-23019474

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Provides the policy framework and wherewithal to the Armed Forces to discharge their responsibilities in the context of the defence of the country

Defense and Strategic Industries Association of India

info.disaindia@gmail.com

+91-11-42420580

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One of the designated agencies of government to promote defense indigenization

Defence Research & Development Organisation

feedback@desidoc.drdo.in

+91-11-23902481/87

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A network of 50 laboratories engaged in developing defence technologies covering various disciplines

Department of Defence Production

wim@ddpmod.gov.in

+91-11-23011587

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Deals with matters pertaining to defence production.

investment opportunities

  • US$130bn worth investment opportunities to emerge in the sector over the next 5-7 years.
  • Defence Procurement Procedure has been amended to encourage participation of foreign OEMs.
  • Above US$300mn worth of procurement will be necessary to be eligible for project offsets.

key investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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