India's defence capital expenditure is projected to grow eleven percent annually until FY2030. Domestic defence exports have grown fifty times over the past decade. Technological advancements, especially drones, are altering global military spending patterns. India currently ranks as the fifth-largest global military spender. Domestic manufacturers are positioned to benefit from geopolitical tensions and export opportunities.

India's defence capex is expected to reach ₹2.8 lakh crore by FY30, driven by indigenisation, exports, drone spending and rising domestic procurement, says Kotak.

India's defence capital expenditure is projected to grow eleven percent annually until FY2030. Domestic defence exports have grown fifty times over the past decade. …

India's defence exports are projected to reach Rs 50,000 crore by FY29, driven by competitive pricing, relaxed export controls, and rising global demand for indigenous systems.

India's capital expenditure is projected to rise significantly by FY2030. Private sector investment is expected to accelerate, driven by domestic demand and policy support.…