Defence Ministry Approves Rs. 24 bn Procurement from Startups
DEFENSE

Defence Ministry Approves Rs. 24 bn Procurement from Startups

The Ministry of Defence has approved procurement worth more than Rs. 24 bn from startups and micro, small and medium enterprises, Defence Minister Rajnath Singh said. He also said projects worth more than Rs. 15 bn had been approved to develop new technology and make the country’s armed forces future-ready.

Between 8,000 and more than 12,000 MSMEs and over 600 startups are engaged as vendors, suppliers and sub-tier partners for defence public sector undertakings, ordnance factories and private-sector companies. Their participation has expanded the domestic industrial base supporting defence production and procurement.

Singh said India was reducing import dependence and increasing domestic production of advanced defence systems as part of efforts to build a self-reliant defence ecosystem. He added that the initiative was intended to strengthen national security while also supporting India’s contribution to global security.

India has achieved more than 90 per cent self-reliance in ammunition variants, with 159 of the 175 variants in the Indian Army’s inventory manufactured domestically, according to the minister. He said structural reforms over the past 12 years had helped all defence public sector undertakings become profitable and had provided fresh momentum to indigenous manufacturing.

The progress has also been reflected in defence exports, which now reach nearly 100 countries. Exports increased from Rs. 6.86 bn in 2013-14 to more than Rs. 380 bn in 2025-26, Singh said, adding that India needed to prepare for an era in which conventional military challenges increasingly intersected with digital and non-conventional threats.

The Ministry of Defence has approved procurement worth more than Rs. 24 bn from startups and micro, small and medium enterprises, Defence Minister Rajnath Singh said. He also said projects worth more than Rs. 15 bn had been approved to develop new technology and make the country’s armed forces future-ready. Between 8,000 and more than 12,000 MSMEs and over 600 startups are engaged as vendors, suppliers and sub-tier partners for defence public sector undertakings, ordnance factories and private-sector companies. Their participation has expanded the domestic industrial base supporting defence production and procurement. Singh said India was reducing import dependence and increasing domestic production of advanced defence systems as part of efforts to build a self-reliant defence ecosystem. He added that the initiative was intended to strengthen national security while also supporting India’s contribution to global security. India has achieved more than 90 per cent self-reliance in ammunition variants, with 159 of the 175 variants in the Indian Army’s inventory manufactured domestically, according to the minister. He said structural reforms over the past 12 years had helped all defence public sector undertakings become profitable and had provided fresh momentum to indigenous manufacturing. The progress has also been reflected in defence exports, which now reach nearly 100 countries. Exports increased from Rs. 6.86 bn in 2013-14 to more than Rs. 380 bn in 2025-26, Singh said, adding that India needed to prepare for an era in which conventional military challenges increasingly intersected with digital and non-conventional threats.

Related Stories

Gold Stories

Next Story
Real Estate

Landmark Group plans Rs 150 billion NCR expansion

Landmark Group has announced expansion plans across two real estate projects in the National Capital Region (NCR), with a combined estimated sales potential of Rs 150 billion. The projects include Landmark One, a 2.1 million sq ft corporate office development on Golf Course Extension Road in Gurugram, and a proposed integrated hospitality, commercial and residential development on Dwarka Expressway.Landmark One has an estimated sales value of Rs 40 billion. The project involves an estimated construction investment of Rs 10 billion, apart from the underlying land, currently valued at around Rs ..

Next Story
Real Estate

RMZ entities secure 5-Star ratings in GRESB 2026

RMZ has been recognised as a Global and Regional Sector Leader in the 2026 Global Real Estate Sustainability Benchmark (GRESB) Real Estate Development Assessment, with three of its entities scoring 99.6 out of 100. RMZ Nexus LLP, Millenia Realtors Private Limited and Infralogix LLP secured 5-Star ratings in their respective categories across the Office and Industrial sectors.In the 2026 Development Benchmark, RMZ Nexus LLP and Millenia Realtors Private Limited were named Sector Leaders in the Office and Office Non-Listed categories in Asia. Infralogix LLP received the distinction in the Indust..

Next Story
Products

Schneider Electric deploys smart building systems at Jupiter Hospitals

Schneider Electric has partnered with Jupiter Hospitals to deploy connected building technologies aimed at improving energy efficiency, patient comfort and operational performance across its hospital campus. The deployment of its EcoStruxure Building Operation platform and SpaceLogic thermostats is helping the hospital achieve energy savings of up to 28 per cent, according to the company.With heating, ventilation and air-conditioning (HVAC) systems accounting for nearly 60 per cent of the hospital's total energy consumption, improving efficiency while maintaining the conditions required for pa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code