The Defence Decade Transformation (2014–2026)
Defence · Thursday, 18 June 2026
India's defence sector transformed through increased budgets and indigenous manufacturing.
Quick highlights
- Defence budget increased to ₹7.85 lakh crore.
- Indigenous production surged to ₹1.78 lakh crore.
- Dissolution of Ordnance Factory Board.
- Increased FDI in defence sector.
Context
The PIB released a backgrounder on India's defence transformation.
Key Facts
Defence budget grew significantly from ₹2.53 lakh crore in FY 2013–14.
Significance
Highlights India's shift to indigenous defence manufacturing.
Challenges / Way Forward
Need for skilled workforce and regulatory streamlining.
Exam Angle
Relevant for GS Paper III on security and defence.
Remember this
- Defence budget reached ₹7.85 lakh crore.
- Indigenous production increased by 110%.
- OFB dissolved in 2021.
- FDI in defence sector increased to ₹6,670.59 crore.