<p>Over the last decade, shifting geopolitics, emerging technologies and India’s improving manufacturing capabilities have given a sharp thrust to the defence sector. Under the Make in India and Atmanirbhar Bharat initiatives, rising investment and a push for domestic innovation have opened the field up for private-sector participation. The next few years will really determine whether the sector lives up to its promise and delivers explosive growth. </p>.<p>In the latest edition of its <strong>Industry Snapshots</strong> series, IMA India explores <strong>India’s defence industry</strong> and offers a deep dive into its drivers, opportunities and constraints. </p><p>This deck covers: </p><ul><li><p><strong>The demand for defence equipment:</strong> How a changing security architecture is driving spending</p></li><li><p><strong>Building self-reliance:</strong> India’s domestic production capabilities and import dependence</p></li><li><p><strong>Evolution of the landscape:</strong> The role of established defence PSUs, private manufacturers and emerging suppliers</p></li><li><p><strong>Beyond the borders:</strong> Export ambitions and the ability to compete globally</p></li><li><p><strong>Barriers to scale:</strong> Limited R&D spends, lengthy development and procurement cycles</p></li></ul>
<p>Over the last decade, shifting geopolitics, emerging technologies and India’s improving manufacturing capabilities have given a sharp thrust to the defence sector. Under the Make in India and Atmanirbhar Bharat initiatives, rising investment and a push for domestic innovation have opened the field up for private-sector participation. The next few years will really determine whether the sector lives up to its promise and delivers explosive growth. </p>.<p>In the latest edition of its <strong>Industry Snapshots</strong> series, IMA India explores <strong>India’s defence industry</strong> and offers a deep dive into its drivers, opportunities and constraints. </p><p>This deck covers: </p><ul><li><p><strong>The demand for defence equipment:</strong> How a changing security architecture is driving spending</p></li><li><p><strong>Building self-reliance:</strong> India’s domestic production capabilities and import dependence</p></li><li><p><strong>Evolution of the landscape:</strong> The role of established defence PSUs, private manufacturers and emerging suppliers</p></li><li><p><strong>Beyond the borders:</strong> Export ambitions and the ability to compete globally</p></li><li><p><strong>Barriers to scale:</strong> Limited R&D spends, lengthy development and procurement cycles</p></li></ul>