Rising Defence Prowess Key to Viksit Bharat Goal

The recent military entanglement between India and Pakistan, apart from showing India's defence sector as the new fulcrum of sovereign assertiveness, also reflects a tectonic reorientation in the strategic doctrine and economic philosophy of a new, Aatmanirbhar (self-reliant) Bharat.

- Falguni Sinha

India's defence exports have risen 33 times in the past 10 years, from $113 million in FY16 to $2.8 billion in FY25, positioning India as an important player in the international defence supply chain and as a credible contender for a place in the stratified hierarchy of global arms export. India's share in global defence exports, as per the World Bank's SIPRI trend indicator, has risen from 4% in FY14 to 10% by 2023.

This quantum leap reveals a structural recalibration of India's military-industrial complex into a globally competitive entity, with supply chains extending across 80 partner nations. This reconstitution of India's martial-industrial complex has been undergirded by a dual-front approach. The proliferation of strategically positioned defence corridors such as the Uttar Pradesh and Tamil Nadu nodes, encompassing 11 high-potential nodes, has already yielded ₹8,658 crore in realised investments, with 253 MoUs facilitating a pipeline of ₹53,439 crore as of February 2025. And, a deliberate pivot toward high-velocity platforms including precision-guided munitions, supersonic cruise missile systems such as BrahMos, and autonomous counter-drone frameworks such as the recently test-fired Bhargavastra system signal India's foray into fifth-generation, asymmetrical warfare capabilities. Furthermore, if India sustains its current growth momentum, its defence exports are poised to cross $5 billion by 2030.