[🇮🇳] - Indian defence news, updates and development. | World Defense Forum

[🇮🇳] Indian defence news, updates and development.

[🇮🇳] Indian defence news, updates and development.
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G   Indian Defense Forum
Short Summary: Tracking the India"s defence upgrades and development.

India's defence budget up by 9%
This fiscal's budget stands at $79 billion

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An Indian soldier stands atop an Army combat vehicle during a rehearsal for the upcoming Republic Day parade in New Delhi, India, January 20, 2025. File Photo: Reuters/Adnan Abidi

India today hiked its defence budget for 2025-26 financial year by 9.5 percent over last fiscal in order to further boost the military's firepower through procurement of new aircraft, warships and other military hardware.

The budget presented in parliament by Finance Minister Nirmala Sitharaman, allocated Rs 6,81,210 crore (approx $79 billion) in a marginal increase over the current fiscal's allocation of Rs 6.22 lakh crore ($74.3 billion).

Out of the total budgetary outlay for 2025-26, a total of Rs 1,92,387 crore (approx $22.19 billion) has been allocated for capital expenditure that will largely take care of the new weapon systems.

The Defence Ministry received the highest allocation in today's budget a month after Defence Minister Rajnath Singh declared 2025 as the "year of reforms" in the sector aimed at mordernising the armed forces.

India has since last year intensified India's focus on self reliance in the defence sector. In 2024, significant strides were made towards achieving self-reliance, with the Ministry of Defence recording its highest-ever indigenous defence production value of Rs 1.26 lakh crore ($14.53 billion) and defence exports reaching Rs 21,083 crore ($2.43 billion).

Some major weapons acquisitions planned by India next year like long- endurance remotely-piloted aircraft of high and medium altitude, stage payment of deck-based aircraft and next-generation submarines/ships/platforms will be funded out of this allocation.

According to the Indian defence ministry, "In the current geopolitical scenario where the world is witnessing a changing paradigm of modern warfare, Indian armed forces need to be equipped with state-of-the-art weapons and have to be transformed into a technologically-advanced combat-ready force."

The government said the capital investment in defence manufacturing sector has a cascading and multiplier effect in the National Economy which will boost the GDP and provide greater job opportunities to the youth of this country.​
 

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