India's defence capex seen rising to Rs 2.8 trillion by FY30 on indigenisation, export growth: Kotak
- Posted on July 13, 2026
- By Business News Today
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- 1 min read
India's defence sector is poised for significant expansion, with capital expenditure anticipated to reach Rs 2.8 trillion by fiscal year 2030, driven by strategic indigenisation initiatives and accelerating export momentum. The nation's domestic defence manufacturing industry has experienced remarkable growth, with exports multiplying fifty-fold over the past decade. As geopolitical tensions reshape global military procurement patterns and emerging technologies like unmanned systems redefine warfare strategies, Indian defence contractors are strategically positioned to capture expanding market opportunities while strengthening national security capabilities.
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