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Share this article Share this article ResearchAndMarkets.com s offering. The Indian Defence market represents accessible cumulative capital and revenue acquisition opportunity of $306.95 billion from 2021 to 2030. India aims to increase its defence production output to $25 billion, including exports of $5 billion. Simultaneously, the FY 2021-2022 defence budget s capital allocation was hiked by 18.7% to provide for modernisation. The Indian defence market is at the cusp of a revolution, with the introduction of policy changes that promise to reduce program delays and speed up acquisition. Provisions such as allowing leasing of equipment and waiver of offset requirements in government-to-government deals also hold promise in the upcoming decade.

Laura woodMinistry of defence moOffice hours callIndian companiesResearch scopeAftermarket servicesIndian armyE st office hours callIndian navyResearch objectivesGeopolitical situation transformingIndian defenceOrdnance factoryPublic sector undertakingsDefence acquisition procedureTopics covered