The $130 Billion Battle For India's Defence Pie
India is making a break from the past to power its defence and attack capabilities completely indigenously, giving its firms a shot at the $2.5 trillion global defence and aerospace market.
defence budget
March 2023
February 2023
January 2023
December 2022
Defence capex for 'Make in India' fails to enthuse
The Union Budget 2023 proposed a 13% increase in the overall defence budget for FY24 at ₹5.93 lakh crore as compared to ₹5.25 lakh crore in FY23.
Budget 2023: Declining share of defence in total expenditure
The share of defence expenditure in India's total capital expenditure has been shrinking for the past 6 years
Defence & aerospace industry expects sops from Budget 2023
Industry expects Budget to focus on R&D, speedy orders and creation of testing facilities to support innovation and to create an ecosystem for the defence & aero industry.
