
Defense Export Trends in India (2025 – 2030)
Description
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.
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
54 Pages
- Chapter 1: Executive Summary
- Chapter 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
- Note: Financial data and segment-wise data is available only for public companies
- 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 Netscribes
- 11.2. Research methodology
- 11.3. Disclaimer
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.