June 11, 2025 3:05 PM
193 contracts, ₹1.27 lakh crore production: a decade of defence transformation
As the Prime Minister Narendra Modi-led NDA government completes 11 years in office, India’s defence sector marks a decade-long shift towards self-reliance, driven by focused policy interventions, enhanced budget allocations, and institutional reforms. The defence budget has increased from ₹2.53 lakh crore in 2013–14 to ₹6.81 lakh crore in 2025–26. The sharp rise in allocations reflects a sustained push towards capacity building and indigenisation in the sector. Over the years, a stro...