A combination of strategic government policies, increased budget allocations, and a strong focus on indigenous capabilities positions the Indian defence equipment market for significant growth in the coming years. As the country continues to navigate regional security challenges, the emphasis on self reliance and innovation will remain critical in shaping the future of its defence sector. In the financial year 2023-2024, the Ministry of Defence reported ₹1.27 lakh crore in domestic defence production, highlighting the transformation from a significant arms importer to an emerging hub for indigenous production.
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Sanjay Kumar, Vice President
Adani Defence & Aerospace
With capabilities across a wide domain such as unmanned systems, drones, counter drones, missiles, small arms, ammunition, aircraft services, and defence electronics
Anant Bhalotia, Founder & CEO
Anadrone Systems
The company involved in the production of aerial target drones plays a crucial role in India's defense industry, also provides autonomous underwater and surface vehicles, thereby improving operational capabilities in naval activities
P V Raja Ram, Director - Production
Bharat Dynamics
The organization collaborates with DRDO and international OEMs to produce missiles and related equipment for the Indian armed forces, offering product life cycle support and refurbishment services for older missile systems
Mohit Saharan, Managing Director
D V Saharan & Son
Manufacturers and exporters of uniforms and uniform accessories, catering to military and police forces as well as private institutions across the worldwide
Amandeep Kaur Dhawan, Director & CEO
Gretta Gun Works
Specializes in designing and manufacturing indigenous small fire arms and modular weapon systems that are built to withstand extreme climates and rugged terrains
Sukhdev Singh, Chairman
Metlonics
The company has built a strong reputation globally as a manufacturer of bogies for regional trains/metros, meeting the highest quality of standards to ensure on board safety
Ganesh Ramesh Nibe , Chairman & Managing Director
Nibe
The company involved in the production of structures, sub assemblies, and assemblies of mobile weapon launchers for programs such as launcher, and other such products for the tri services of Indian defence
Naman Agrawal, Founder & CEO
Pragati Defence Systems
The company aimed at developing and manufacturing innovative technologies in the defence sector and become an industry leader in the armouring and ammunition
Vidyasagar Dontineni, Managing Director
SEC Industries
The company specializes in development, manufacturing and system integration of critical subsystems and complex structures for the defense, aerospace, space and naval sectors
Vijay Shah, Founder, Director & CEO
Vijay Engineers
Specializes in innovative designs, precision machining, and stringent quality standards to meet the demands of the defense industry, with expertise in SPM for filling explosives and handling specialized ferrous and non-ferrous materials
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