How big is the India Defense Market?

The India Defense Market size is expected to reach USD 17.40 billion in 2024 and grow at a CAGR of 5.79% to reach USD 23.05 billion by 2029. Read More

What is the current India Defense Market size?

In 2024, the India Defense Market size is expected to reach USD 17.40 billion. Read More

Who are the key players in India Defense Market?

Hindustan Aeronautics Limited (HAL), Airbus SE, Defense Research and Development Organisation (DRDO), Bharat Electronics Limited (BEL) and Rostec are the major companies operating in the India Defense Market. Read More

What years does this India Defense Market cover, and what was the market size in 2023?

In 2023, the India Defense Market size was estimated at USD 16.39 billion. The report covers the India Defense Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Defense Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the emerging trends in the India Defense Market?

Emerging trends in the India Defense Market include a) Increased focus on cybersecurity b) Unmanned systems c) Artificial intelligence in defense operations c) Partnerships between domestic and international firms Read More

India DefenseCompanies

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.