Knowledge Centre

Key Statistics

$ Billion*

Total Defence Budget (FY 2019-20)

$ Billion*

Capital Expenditure Allocation (FY 2019-20)

$ Billion*

Revenue Expenditure Allocation (FY 2019-20)

%

Growth in Expenditure in 2019-20 over 2018-19

Reports & Research Papers

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Sector Snapshot

India maintains the second largest standing armed forces in the world by size, is the eighth largest spender on defence and the second largest importer of defence equipment (SIPRI, March 2019). Considering the size of Indian Defence Forces, and their modernisation needs, India has maintained a consistent defence spending pattern over the last decade to build defence capability, as also its defence industrial base.

8 – 10 % CAGR

Steady growth

5000>

Micro, Small and Medium Enterprises (MSMEs)

49%>

FDI permitted with Government approval

Defence Industrial Licences issued till end of FY 2018-19

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Latest News

  • UK government terminates one of its data-sharing contracts with Palantir

    The U.K. government has terminated a controversial data-sharing agreement with U.S. tech firm Palantir following criticism from privacy campaigners. The Department of Health and Social Care issued in August to move its Adult Social Care Dashboard from Palantir to a new system called EDGE, which has been built by U.K. defense giant BAE Systems.

  • U.K. Health Department to End Data Contract With Palantir

    The U.K. government is ending a data deal with Palantir Technologies Inc. , following criticism from privacy groups about the lack of transparency on how the contracts were awarded to the U.S. data giant. The Department of Health and Social Care put out a tender in August to shift its Adult Social Care Dashboard away from third-party providers to its own system, built by BAE Systems Plc , Europe’s largest defense firm, according to public documents.

  • Panasonic TOUGHBOOK and TriCIS announce strategic engineering partnership

    Designed to deliver rugged technology solutions to meet the needs of the UK Government and its Strategic Defence Review. BRACKNELL, UK. 7th September 2021 – Panasonic TOUGHBOOK and TriCIS today announced a strategic engineering partnership to deliver technology solutions designed to meet the needs of the UK Government and its Strategic Defence Review.

  • Navy's indigenisation will help India's march towards $5 trillion economy: Kovind

    The Indian Navy’s thrust on indigenisation will help the country’s march towards becoming a five trillion-dollar economy, President of India Ram Nath Kovind said on Monday. Kovind, who was in Goa to present the President’s Colour to Indian Naval Aviation, also said that no country could aspire to become an economic or regional powerhouse while being dependent on defence imports.

  • North Carolina-Based Consortium NC-COMP to Offer Human Performance Technologies and Services to Military Organizations

    The consortium will bring together a wealth of resources in North Carolina to provide world-class solutions to the military RESEARCH TRIANGLE PARK, N.C. — A newly launched consortium led by RTI International and comprised of more than 25 North Carolina-based academic, industry, nonprofit and state government organizations will bring together expertise from a variety of fields to offer world-class human performance solutions to the Department of Defense (DoD).

  • Kalyani Truck-mounted 155 mm / 39 caliber ULH ready for Army Trials

    Kalyani Truck-mounted 155 mm / 39 caliber ULH ready for Army Trials | By SOURCE: IDRW NEWS NETWORK Kalyani Group developed Indigenous, Truck-mounted all-steel Mountain Artillery Gun (MArG) 155 mm / 39 caliber Ultra-Light Howitzer (ULH ) called TC-20 has been handed over to the Indian Army for High Altitude trials that could further enhance India’s mountain artillery firepower in near future.

  • Namibia: Govt Pays N$1,6b to End Air Namibia Airplane Deal

    Public enterprises minister Leon Jooste says the government has paid N$1,6 billion to terminate a contract with an American company that leased aircraft to Air Namibia. Jooste said this in a statement on Friday. The national airline was forced to return the airract it was leasing after the government shut it down last year.

  • North Carolina-Based Consortium NC-COMP to Offer Human Performance Technologies and Services to Military Organizations

    The consortium will bring together a wealth of resources in North Carolina to provide world-class solutions to the military RESEARCH TRIANGLE PARK, N.C. — A newly launched consortium led by RTI International and comprised of more than 25 North Carolina-based academic, industry, nonprofit and state government organizations will bring together expertise from a variety of fields to offer world-class human performance solutions to the Department of Defense (DoD).

  • Microsoft launches Azure Government Top Secret cloud

    Microsoft has launched Azure Government Top Secret, a collection of cloud services developed for the U.S. intelligence community. Microsoft made the product generally available last week with more than 60 cloud services for U.S. spy agencies, the Department of Defense and federal civilian organizations.

  • Defence Ministry to Publish Details of Procurement Process

    The defence industry sector has regularly pitched for greater access to the details of procurements planned by the Ministry of Defence (MoD) especially with regard to cost, quantity, offsets, trials, transfer of technology etc., which are being envisaged at the Acceptance of Necessity (AoN) stage.

Industry Voice

Customer Testimonails
Mr. Baba N Kalyani Immediate Past President, SIDM Chairman & Managing Director Bharat Forge Ltd

Make in India is a priority, and defence is a focus sector. The role for SIDM in this context is cut out; it is to focus on indigenisation, R&D, connecting industry, academia and research institutions, in addition to facilitating participation of small and medium scale industries in defence production.

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Customer Testimonails
Mr. Jayant D. Patil President, SIDM and Member of Board & Whole - time Director (Defence, L&T-NxT)

SIDM has been created to act as the single point of contact between the industry and the government. SIDM endeavours to work closely with the government on policy related issues, collaborate with experts from the industry, academia, R&D institutions, and through this, bridge the gap between the armed forces and the industry. SIDM also provides thought leadership, facilitates dialogue, convergences and consensus to resolve policy related issues and aid the flagship Make in India campaign.

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