India’s Defence Industry Eyes ₹15 Lakh Crores Export Boom Under ‘Make In India’ Drive
India’s defence sector is poised for a dramatic transformation, with a projected ₹15 Lakh Crores revenue opportunity over the next five years, underpinned by rising government spending, indigenisation, and strong global demand.Exports have already reached ₹38,424 crore, and the government is targeting ₹50,000 crore by FY29, signalling India’s emergence as a significant global arms
India’s defence sector is poised for a dramatic transformation, with a projected ₹15 Lakh Crores revenue opportunity over the next five years, underpinned by rising government spending, indigenisation, and strong global demand.Exports have already reached ₹38,424 crore, and the government is targeting ₹50,000 crore by FY29, signalling India’s emergence as a significant global arms
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