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Defence & Aerospace

9 articles
India's defence sector is experiencing significant momentum driven by both indigenous development and strategic international partnerships. Azad Engineering's delivery of its first indigenous turbojet engine, alongside Apollo Micro Systems securing Indian Navy contracts for autonomous underwater surveillance systems, underscores the nation's push for self-reliance in critical technologies. Further bolstering this trend, Bharat Forge's collaboration with FLYING WHALES to manufacture heavy-lift airships highlights a focus on expanding sovereign aerospace capabilities, aligning with the Aatmanirbhar Bharat initiative. These developments, coupled with strengthened defence ties with Australia and Indonesia, signal a strategic shift towards enhanced interoperability and a more robust domestic defence industrial base, potentially creating attractive opportunities for investors in the sector.
India Defence Budget Grows 3.1-Fold to ₹7.85 Lakh Crore
India's defence budget surged 3.1-fold from ₹2.53 lakh crore in 2013–14 to ₹7.85 lakh crore in 2026–27, with capital expenditure rising 2.3-fold to ₹2.19 lakh crore. Defence production hit record ₹1.7
India Defence Sector Achieves Record Growth and Self-Reliance
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