India Defense Industry Report 2025: Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecasts 2024-2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "India Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2025-2030" has been added to ResearchAndMarkets.com's offering.

The Indian defense market is poised for significant growth in the coming years, with the report "India Defense Market - Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape, and Forecast, 2025-2030" shedding light on the essential aspects shaping this dynamic industry.

This comprehensive analysis provides insights into market size forecasts, growth rates, industry drivers, emerging technology trends, and challenges facing market participants. As global economic conditions remain uncertain, the report highlights key factors and government programs that are set to influence the demand for military platforms during the forecast period.

India's defense expenditure, which includes pensions, saw a modest increase from $85.4 billion in 2021 to $87.4 billion in 2025, with a CAGR of 0.6%. Economic constraints and currency exchange rate fluctuations have contributed to this sluggish growth. However, the Indian economy exhibits robust expansion, and defense spending is projected to rise from $92.9 billion in 2026 to $125.2 billion in 2030, achieving a CAGR of 7.8%.

A substantial portion of defense budgets has been allocated to non-productive revenue expenditures such as pensions, prompting the Indian Ministry of Defence (MoD) to initiate reforms aimed at restructuring military spending. Efforts include the phasing out of non-productive cost centers and institutionalizing an emergency procurement system. Notably, in 2024, India announced a corpus fund of approximately $12.1 billion for R&D projects and defense procurements. In this context, defense acquisition spending is expected to increase from $26.2 billion in 2026 to $41.7 billion in 2030, with a remarkable CAGR of 12.3%.

Key Highlights

• The defense expenditure is driven by territorial disputes with China and Pakistan, erosion in Qualitative Military Edge (QME), capability gaps concerning rivals, and equipment modernization.
• Major ongoing procurement programs include LCA Tejas MK-1A, Project 75 Alpha (Nuclear-Powered Attack Submarine), and Rafael M.

Scope

This report offers a detailed analysis of India's defense market, covering defense budget assessments, military doctrine and security environment, market entry strategy, market attractiveness, defense platform dynamics, acquisitions, fleet sizes, and the competitive landscape.

• Defense Budget Assessment: Analyzes defense budgeting, market size, expenditure drivers, and allocation.
• Military Doctrine and Security Environment: Examines military doctrine, alliances, geopolitical dynamics, and political, social, and economic factors.
• Market Entry Strategy and Regulations: Elaborates on procurement policy, regulations, market entry routes, and major deals.
• Market Attractiveness and Emerging Opportunities: Evaluates defense sector attractiveness, indicating cumulative market value and top sectors.
• Defense Platforms Import and Export Dynamics: Understanding imports and exports from 2016 to 2024 by value ($M) and volume (units).
• Defense Platform Acquisitions: Overview of acquisitions by value, current procurement schedules, and underlying reasons.
• Fleet Size: Current fleet sizes of the Army, Air Force, and Navy, acquisition details, and prime contractors.
• Competitive Landscape: Profiles main defense companies with insights into business overviews, contracts, and financial results.

Reasons to Buy

• Identify investment opportunities based on India defense market trends over the next five years.
• Understand underlying factors driving demand for defense and security segments, and identify opportunities.
• Enhance market understanding through demand drivers, trends, and technological developments.
• Recognize major threats and opportunities for revenue expansion in India defense market.
• Focus resources on ongoing programs by the Indian government.
• Make informed business decisions by analyzing competitive landscape, company profiles, and financial insights.

Key Topics Covered:

Executive Summary

Defense Budget Assessment

• Budgeting Process
• Defense Market Size Historic And Forecast
• Drivers Of Defense Expenditure
• Analysis of Defense Expenditure Allocation
• Analysis Of Defense Budget Allocation

Key Market Trends and Insights

• Military Doctrine And Security Environment
• Strategic Alliances and Geopolitics
• Political, Social and Economic Scenario

Market Entry Strategy And Regulations

• Defense Procurement Bodies
• Funding Opportunities
• Trade Associations and Defense Clusters
• Types of Contracts and Opportunities
• Procurement Policy and Market Regulations

Market Entry Routes

Key Challenges

Major Deals and M&A

Market Attractiveness And Emerging Opportunities

• Market Attractiveness By Defense Sector
• Top Sectors in the India Defense Market

Defense Platforms Import and Export Dynamics

• Defense Platforms Import Dynamics
• Defense Platforms Export Dynamics

Defense Platform Acquisitions

• Defense Platform Acquisitions By Value

Competitive Landscape

• Defense Companies Operating In India
• Main Defense Companies

Appendix

Companies Featured

• Tata Motors Ltd
• Larsen & Toubro Ltd
• Tata Consultancy Services Ltd
• Infosys Ltd
• Mahindra & Mahindra Ltd
• Wipro Ltd
• Ashok Leyland Ltd
• Bharat Electronics Ltd
• Hindustan Aeronautics Ltd
• Bharat Forge Ltd
• Mazagon Dock Shipbuilders Ltd

For more information about this report visit https://www.researchandmarkets.com/r/vqxxrx

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