Indian Defence Capabilities Surge Decade

17 May 2024 CW Team

Over the past ten years, India has seen a remarkable transformation in its defence capabilities, largely attributed to the policies and initiatives under the Modi government. A significant highlight is the reduction in dependency on foreign arms imports, with 60% of the country's total arms and ammunition now being produced domestically.

According to NITI Aayog member VK Saraswat, India's defence ecosystem has become predominantly indigenous. This shift has been driven by the involvement of major Indian corporations such as the Adani Group, Tata Group, and Larsen & Toubro, which are now manufacturing advanced military equipment including radar systems and artillery.

Despite the increase in defence requirements, the proportion of imports has decreased, thanks to the focus on domestic production. This has been underscored by reports from the Swedish think tank SIPRI, which notes that while India remains the world's largest arms importer, the ratio of imports to total defence procurement is diminishing.

The Indian Army has made significant strides towards self-reliance, especially in ammunition production. The initiative aims to source almost all types of ammunition locally by 2025-26, a move that highlights the nation's commitment to indigenisation.

The Modi government?s defence policies have facilitated substantial investments in research and development, enhancing the country's strategic autonomy. These efforts are crucial for maintaining India's security and addressing the evolving global threat landscape.

This period of growth marks a pivotal shift for India, positioning it as a formidable force in global defence with a strong emphasis on self-reliance and indigenous innovation.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..