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Defence Equipment Market & Manufacturing in India 2017

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Analysing Business Case and Evaluating a USD 50 Billion Opportunity

Although, India is among the top ten military spenders in the world. However, unlike other geographies  which have  large defence industries to support their domestic needs , Indian requirements are primarily met by government players into the domain and imports. With importing nearly USD 5.5 Billion worth of military hardware, India has emerged as the largest arms importer in the globe accounting nearly 15% of such imports internationally. Hence self-reliance to sustain the needs of Indian defence sector is of vital importance for strategic and economic reasons. Since the government has been assiduously working upon building the  defence manufacturing capabilities  over the years.  But to look beyond the customary curve , “Make in India” has triggered the  positive sentiments for making India to stand at par with its global counterparts with respect to its in house defence manufacturing competencies.

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DOP: April, 2017 Sector: , Geography:

Time has come for India to leave the average behind and take a leap to go for global leadership in manufacturing. For Indian manufacturing to soar high and to reach at the top nosh level as per the global benchmarks , “ Make in India” (MII) has given enough fillip to convert this into a reality. Like other manufacturing segments , Indian defence facet being no different is projected to be one of the highly investment seeking sector in the MII campaign. India has been rapidly enhancing its spending on defence year on year. Presently, India stands as the third largest defence spender in the world after US and China. Equipment spending  by  Ministry of Defence has increased 15-20% over the last five years and is projected grow at a much escalated speed in near future.

Key Queries Resolved

  • What shall be the key enablers for beefing up Defence manufacturing in India?
  • What has been the key challenges that has set back the domestic manufacturing of Defence equipment in India in past?
  • What shall be the scope of Defence industrialisation in India?
  • What would be the planned spending on land systems?
  • What would be the planned spending on naval systems?
  • What would be the planned spending on aerospace systems?
  • What would be the planned spending on technical systems?
  • What would be the future scope of domestic R&D for Defence manufacturing?

Contents and Coverage

  • Indian Defence Industry: Tracking Growth
  • Investments in Indian Defence Sector: Planned and Actual Track
  • Defence Industry Structure: India and Global Benchmarks
  • Tracking Regulatory & Policy landscape for Defence Manufacturing Market in India
  • Demystifying Defence procurement process in India
  • Degree of Defence industrialisation in India
  • Business process track to set up manufacturing unit in India
  • Tracking US $ 50 Billion opportunity of Defence market in India
  • Defence equipment market size in India
  • Defence equipment market Outlook in India – 2022
  • Key Business Participants and Companies Profiling

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USPs associated with the report are as follows:

  • First hand sector knowledge and inputs
  • Primary research inputs from F2F interviews with domain experts
  • Experts insights and market reviews taken into consideration
  • Validated data and analysis
  • Opportunity mapping and market sizing
  • Germinates from minds that think fresh to evolve path finding guide for all stake holders through quality information and analysis
  • Free query handling and analyst support for three months from the date of report procurement

Key Highlights:

  • Growth of Indian Defence Industry
  • Actual and planned investments/expenditures in Indian Defence Sector
  • Domestic and global benchmarks vis-à-vis Defence industry structure
  • Regulatory and Policy landscape for Defence manufacturing in India
  • Defence procurement process in India
  • Defence equipment market size and outlook in India – 2022

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