Market insights:
India's defense export market refers to the sale of domestically produced military equipment, technologies, and services to foreign nations, driven by government initiatives and global demand.In FY 2023, the defense export market in India was valued at INR 159.20 Bn and is expected to reach INR 538.17 Bn by FY 2030, expanding at a compound annual growth rate (CAGR) of ~ 17.39% during the 2025 - 2030 period. The adoption of advanced technologies such as Artificial Intelligence (AI), Unmanned Aerial Vehicles (UAVs), missile systems, and electronic warfare solutions is enhancing India’s defense capabilities and making its products competitive in global markets.
India’s focus on self-reliance (Aatmanirbhar Bharat Abhiyan), increased defense budget allocations, and strategic collaborations with foreign nations are positioning the country as a key player in the global defense export sector.
Market drivers:
Indian defense systems provide cost-effective alternatives to Western suppliers, making them attractive to budget-conscious nations.Successful deployments of BrahMos, Akash, and Tejas enhance India's credibility, driving demand from foreign defense buyers.
Market trends:
Private sector investments in defense are increasing, enabling advanced production facilities and greater export capacity.India’s defense products, such as Tejas and Akash, offer competitive pricing, making them attractive to nations with limited defense budgets.
Table of Contents
Chapter 1: Executive SummaryChapter 2: Socio-Economic Indicators
Chapter 3: Introduction
3.1. Market definition and structure
Chapter 4: Market Overview
4.1. Defense Export Trends in India - An Overview
4.2. Market Size and Growth Forecast Based on Value (2023 - 2030e)
Chapter 5: Market Influencers
5.1. Market drivers
5.2. Market challenges
Chapter 6: Market Trends
6.1. Key Market Trends
Chapter 7: Government Initiatives
7.1. Favorable Government Initiatives
Chapter 8: Trade Analysis
8.1. Trade Analysis
Chapter 9: Competitive Landscape
9.1. Bharat Dynamics Limited
- Company information
- Business description
- Products/Services
- Key people
- Financial snapshot
- Key ratios
- Key financial performance indicators
- Key business segments
- Key geographic segments
9.2. Bharat Electronics Limited
9.3. Garden Reach Shipbuilders & Engineers Limited
9.4. Hindustan Aeronautics Limited
9.5. Mazagon Dock Shipbuilders Limited
9.6. Adani Defence Systems and Technologies Limited
9.7. Goa Shipyard Limited
9.8. Kalyani Strategic Systems Limited
9.9. L&T Technology Services Limited
9.10. Tata Advanced Systems Limited
Chapter 10: Recent Developments
10.1. Key Recent Developments
Chapter 11: Appendix
11.1. About the Publisher
11.2. Research methodology
11.3. Disclaimer
Companies Mentioned
- Bharat Dynamics Limited
- Bharat Electronics Limited
- Garden Reach Shipbuilders & Engineers Limited
- Hindustan Aeronautics Limited
- Mazagon Dock Shipbuilders Limited
- Adani Defence Systems and Technologies Limited
- Goa Shipyard Limited
- Kalyani Strategic Systems Limited
- L&T Technology Services Limited
- Tata Advanced Systems Limited
