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🛡️ India Defence Sector — Budget, Modernisation & Exports

Analysis spanning Defence Budget Outlay (2014–2026) · Domestic Production · Export Scaling · DPSU Performance
Total Defence Budget (2025-26)
₹6,81,210 Cr
▲ +139.8% vs 2014-15
Capital Modernisation (2025-26)
₹1,92,388 Cr
▲ 28.2% of Total Budget
Indigenous Output (2024-25)
₹1,50,590 Cr
▲ +224% Domestic Growth
Defence Exports (2025-26)
₹38,424 Cr
▲ 18.6x Surge from ₹2,059 Cr
📊 Executive Overview
💰 Defence Budget & Modernisation
🏭 Manufacturing & Indigenisation
🚀 Exports & Global Procurement
🏢 Major Defence PSUs & R&D
📋 Consolidated Master Repository
National Defence Outlay & Capital Modernisation Trajectory
12-Year trajectory comparing Total Budget allocation against Capital Acquisition outlay (₹ Crore)
Total Budget Capital Acquisition Outlay
₹6.81 Lakh Cr 2025-26 Total Outlay, growing steadily from ₹2.84 Lakh Cr in 2014-15.
₹1.92 Lakh Cr Frontline modern equipment acquisition budget for Army, Navy & Air Force.
60.2% Share Capital procurement contracts awarded to domestic Indian manufacturers.
Modernisation
Capital Outlay
2025-26 Outlay₹1,92,388 Cr
2014-15 Outlay₹94,588 Cr
11-Year Growth▲ +103.4%
Readiness
Revenue Outlay
2025-26 Outlay₹4,88,823 Cr
2014-15 Outlay₹1,21,097 Cr
11-Year Growth▲ +303.7%
Veteran Welfare
Defence Pension
2025-26 Outlay₹1,69,187 Cr
2014-15 Outlay₹51,000 Cr
11-Year Growth▲ +231.7%
12-Year Historical Defence Outlay Component Trends (2014-15 to 2025-26)
Comparing Capital Acquisition Outlay, Revenue Expenditure, and Pensions (₹ Crore)
Annual Defence Budget Allocation Matrix (Union Budget Archive)
Comprehensive figures in ₹ Crore
Fiscal Year Total Defence Budget Capital Expenditure Revenue Expenditure Defence Pension Capital Share (%)
Indigenous Defence Manufacturing Growth (₹ Crore)
Department of Defence Production (DDP) annual report benchmarks
Indigenous Procurement from Indian Vendors (₹ Crore)
Capital acquisition awarded to domestic industry
Contracts Signed: Domestic Vendors vs Total Capital Acquisitions
60.2% of all capital contracts awarded to Indian industry (2016-17 to 2021-22)
Metric Description 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 (June) Total Contracts Domestic Share
Surge in Indian Defence Exports (2015-16 to 2025-26)
Export value in ₹ Crore showing exponential private & DPSU overseas sales
Import Substitution: Defence Imports vs Domestic Procurement
Foreign procurement plateauing as indigenous acquisition accelerates
Defence Export & Foreign Procurement Trajectory Matrix
Historical figures in ₹ Crore (Source: DDP & PIB)
Year Defence Export Value (₹ Cr) YoY Export Growth (%) Foreign Procurement (₹ Cr) Export-to-Import Ratio
Major Defence PSUs Revenue Trajectory (₹ Crore Equivalent)
Annual total income comparison across HAL, BEL, MDL, BDL, GRSE & BEML
HAL BEL MDL GRSE BDL
🏆 Top Defence PSUs by Revenue (FY25)
Audited total income in ₹ Crore (converted from Lakhs)
🔬 DRDO Active R&D Projects Track
Number of ongoing strategic defense technology projects
India Armed Forces Strategic Equipment Inventory (2015 to 2025)
Active military aircraft, combat tanks, naval fleet & nuclear warhead counts (Source: FlightGlobal, GFP, SIPRI)
Equipment Category Unit Definition 2015 2017 2019 2021 2023 2025 Strategic Trend
Interactive Defence Financial Benchmark Tool
Compare any two defense financial streams side-by-side (2015 to 2025)
Stream 1
VS
Stream 2
Consolidated Defence Master Repository
Complete data set encompassing Budgets, Manufacturing, Exports, DPSU revenues, and Military Arsenal
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Category Parameter / Enterprise Unit Base Level (2015) Peak / Latest Level Growth / Trend Key Strategic Insight
Source: Ministry of Defence (MoD) · Department of Defence Production (DDP) · CACP · DGCIS · SIPRI · FinIntelHub Defence Intelligence
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