Indian defence budget focuses on technology at home
This picture shows the fifth Kalvari-class submarine, the future INS Vagir, which started its sea trials on 1 February. (Indian Navy)
India's new defence budget sees slow but steady growth for the coming year, despite the tensions it is experiencing with China and Pakistan.
In a move to encourage local manufacturing to enhance modernisation and infrastructure development, India’s planned annual defence budget (April 2022 till March 2023) has allotted a target of 68% of capital procurement to domestic industry.
This figure is up from 58% in last year’s budget. Most of this still goes to state-run companies but, with a thrust to encourage the private sector, it is likely a larger portion will be allotted to it compared to the past.
Announced on 1 February, the 2022 defence outlay of INR5.25166 trillion ($70.4 billion) represents a 4.4% nominal increase over last year’s final expenditure.
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Growing a digital backbone: an essential capability for the multi-domain battlespace]()
Growing a digital backbone: an essential capability for the multi-domain battlespace
Future operational superiority will be defined by the ability to connect systems, data and personnel into a wider network. For armed forces, this creates the need for a digital backbone that integrates and enhances sensors and effectors of all kinds.
-
![Estonia opts for smart, adaptable and cooperative solutions in the face of Russian threat]()
Estonia opts for smart, adaptable and cooperative solutions in the face of Russian threat
Estonian-made equipment is being put through the toughest of evaluations in the hands of Ukrainian soldiers resisting the full-scale Russian invasion which began in 2022. The country has long seen the threat and is continuing to adapt for the future.
-
![Estonia boosting defence industry with lessons from Ukraine, says country’s economic minister]()
Estonia boosting defence industry with lessons from Ukraine, says country’s economic minister
Estonia is looking to boost its local defence industry with directed funding, industry parks, support through international orders for equipment and rapid prototyping.
-
![UK faces cost of balancing defensive capabilities abroad as Iran conflict widens]()
UK faces cost of balancing defensive capabilities abroad as Iran conflict widens
The UK has recently deployed a Type 45 destroyer to Cyprus and has bolstered its presence in the Middle East in recent weeks with supporting air power to protect neighbouring countries’ air defences.
-
![White House calls on Pentagon contractors to “rapidly and aggressively” boost weapon production]()
White House calls on Pentagon contractors to “rapidly and aggressively” boost weapon production
Intended to sustain Operation Epic Fury against Iran, efforts to increase the production of weapons and ammunition could expose long-standing weaknesses in the US defence industrial base.
-
![India’s strategic defence footprint expansion could be accelerated by Iran-Israel conflict]()
India’s strategic defence footprint expansion could be accelerated by Iran-Israel conflict
The latest escalation between Iran and Israel could shape New Delhi’s next-generation shield as India deepens cooperation with Israel on missile defence and drone production.
