India’s defence production reached a record ₹1.78 lakh crore in FY 2025-26, marking 15.6% growth and boosting self-reliance in defence manufacturing.
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India’s Aerospace and Defence Manufacturing Faces Decade-Long Backlog Risk, PwC India Study Warns
PwC India warns aerospace and defence manufacturing faces execution bottlenecks as rising order backlogs could take up to a decade to clear.
Read MoreALA Group and TVS SCS Launch Aerospace and Defence Supply Chain JV in India; Eyes ₹2,000 Cr Revenue
ALA Group and TVS Supply Chain Solutions form a JV to build an aerospace and defence supply chain platform in India, targeting ₹2,000 crore revenue by 2031.
Read MoreBharat Forge Subsidiary Agneyastra Energetics Announces ₹1,500 Crore Defence Manufacturing Facility in Andhra Pradesh
Agneyastra Energetics breaks ground on a ₹1,500 crore strategic defence manufacturing facility in Andhra Pradesh to boost indigenous capabilities.
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