India Defense Companies

This report lists the top India Defense companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the India Defense industry.

Indian Defense Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Defense Top Companies

  1. Hindustan Aeronautics Limited (HAL)

  2. Airbus SE

  3. Defense Research and Development Organisation (DRDO)

  4. Bharat Electronics Limited (BEL)

  5. Rostec

*Disclaimer: Top companies sorted in no particular order

India Defense Market Major Players

India Defense Market Concentration

India Defense Market Concentration

India Defense Company List

  • Hindustan Aeronautics Limited (HAL)

  • Defense Research and Development Organisation (DRDO)

  • Ordance Factory Board (OFB)

  • Bharat Electronics Limited (BEL)

  • Goa Shipyard Limited (GSL)

  • Larsen & Toubro Limited

  • Hinduja Group

  • Kalyani Group

  • Tata Sons Private Limited

  • Reliance Group

  • Mahindra & Mahindra Ltd

  • Rafael Advanced Defense Systems Ltd

  • IAI Group

  • Rostec

  • Airbus SE

  • The Boeing Company


Specific to India Defense Market
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