Tag: defence exports
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Budget 2026: India boosts defence spend to ₹7.84 lakh crore amid regional tensions
Overview: Defence budget rises to a new high India’s defence budget for FY27 has surged by 15.3% to ₹7.84 lakh crore, reflecting a sustained push toward self-reliance and domestic production. The substantial increase comes after a year marked by heightened regional tensions and military engagements, including Operation Sindoor, which underscored the need for modernisation and…
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Budget 2026: India Boosts Defence Spending to Rs 7.84 Lakh Crore Amid Regional Tensions
India’s Defence Budget Surges for FY27 India will allocate a defence budget of ₹7.84 lakh crore for the financial year 2027 (FY27), reflecting a 15.3% increase from the previous year. The rise follows months of heightened regional tensions and a series of security challenges in the neighbourhood, underscoring a strategic pivot toward self-reliance and domestic…