Aatmanirbhar Defence: India’s Rising Profile in Global Defence 

Over the past decade, India has transformed from a defence importer to an exporter with a rising presence in the global arms industry. In 2019, the Stockholm International Peace Research Institute (SIPRI) ranked India among the top 25 arms exporters worldwide for the first time, placing the country at the 23rd position. 

Record-Breaking Defence Budget and Production: 

India’s defence budget has seen substantial growth, reflecting the nation’s investment in modernising its defence infrastructure. From Rs 2.03 lakh crore in 2013-14, the budget has grown to Rs 5.93 lakh crore in 2023-24, providing the necessary resources for advanced equipment, technology development, and robust defence manufacturing.  

Unprecedented Export Growth:  

India’s defence exports have surged from Rs 686 crore in 2013-14 to an impressive Rs 21,083 crore in 2023-24. The scope of India’s defence exports now extends across over 100 countries, highlighting the quality and reliability of Indian-made military products. 

Strategic Reduction in Import Dependency:  

India has made significant strides in reducing its dependence on foreign defence procurement. The percentage of defence spending on foreign procurement dropped from 46 per cent in 2018-19 to 36.7 per cent by December 2022, showcasing the country’s commitment to self-reliance. 

Game-Changing Policy Initiatives:  

The Defence Acquisition Procedure (DAP) 2020 introduced a mandate for 50% indigenous content (IC) in procurement contracts. This policy includes a new “Buy (Global-Manufacture in India)” category, encouraging international defence manufacturers to set up production and maintenance facilities within India, facilitating local assembly and indigenisation of crucial components.  

Defence Industrial Corridors: 

India has established two major defence industrial corridors in Tamil Nadu and Uttar Pradesh, attracting investments of Rs 7,000 crore to build an ecosystem that supports indigenous defence production. This infrastructure reinforces local capabilities and bolsters manufacturing in sectors such as aerospace, naval systems, and land warfare equipment.