India’s indigenous defence production reached INR 1.27 trillion in financial year 2023–24, according to a press release issued by the Ministry of Defence. Defence exports for FY 2024–25 stood at INR 236.22 billion, with a notable increase in export authorisations and a growing base of domestic manufacturers contributing to the figures. The data reflects increased […]
Bharat Forge Limited (BFL) has commenced operations at a new defence manufacturing facility in Jejuri, near Pune. The facility covers 300,000 square feet and will support the production of Advanced Towed Artillery Gun Systems (ATAGS) for the Indian Ministry of Defence. The ATAGS system features 155mm howitzers, which will be manufactured at the facility. According […]
The Ministry of Defence has signed two contracts with Hindustan Aeronautics Limited (HAL) for the supply of 156 Light Combat Helicopters (LCH) Prachand, along with training and associated equipment. The agreements are valued at INR 627 billion (excluding taxes). The first contract covers 66 helicopters for the Indian Air Force, while the second includes 90 […]
The Ministry of Defence has signed contracts worth INR 25 billion with Armoured Vehicle Nigam Limited for the procurement of the Nag Missile System (NAMIS) Tracked version and with Force Motors Ltd and Mahindra & Mahindra Ltd for approximately 5,000 light vehicles for the armed forces. The agreements were signed in New Delhi on March […]
Bharat Forge Limited has signed a contract with the Ministry of Defence (MoD) for the supply of 184 Advanced Towed Artillery Gun Systems (ATAGS). The order accounts for 60% of the MoD’s total procurement valued at INR 69 billion (approximately USD 830 million). The ATAGS is a 155mm/52-caliber artillery system developed jointly by Bharat Forge […]
India’s defence exports reached INR 210.83 billion in the financial year 2023-24, marking a significant increase from INR 6.86 billion in 2013-14, according to a press release from the Ministry of Defence. The country now exports military equipment to over 100 nations, with the United States, France, and Armenia among the key buyers. Items exported […]
Private companies now account for 21% of India’s total defence production, contributing to the sector’s growth, which reached INR 1.27 trillion (USD 15.2 billion) in the financial year 2023-24, according to a press release from the Ministry of Defence. More than 430 licensed private firms and approximately 16,000 small and medium-sized enterprises are engaged in […]
India’s defence production reached INR 1.27 trillion in the financial year 2023-24, marking a 174% increase since 2014-15, according to a press release from the Ministry of Defence. Tata Advanced Systems and Bharat Forge, along with other domestic companies, contributed to this growth through the manufacturing of military platforms such as artillery systems, combat aircraft, […]
Goa Shipyard Limited (GSL) launched the second frigate of the Project 1135.6 Additional Follow-on Ships, named ‘Tavasya,’ on March 22, 2025, at its Goa facility. The vessel is part of a contract signed with the Ministry of Defence on January 25, 2019, for the construction of two frigates under this project. The first ship, ‘Triput,’ […]
The Indian government has approved a deal worth approximately USD 70 billion for the acquisition of 307 Advanced Towed Artillery Gun Systems (ATAGS) and 327 gun-towing vehicles for the Indian Army. The contract is expected to be finalized next week. The ATAGS, a 155mm/52-calibre howitzer with a strike range of 45-48 km, was designed and […]
