Avenues for Overseas Defense Manufacturers in the Expanding Indian Defense Industry - Revealed by Stratview Research in its Latest Thought Leadership Report
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Factors, both internal and external, like the increasing inclination of the Government of India towards indigenization of defense capabilities, along with the distortion of global ties with the biggest supplier of arms to India, have been presented in the analysis.
With an envisaged GDP of more than $5 trillion in 2028 and an increasing military expenditure amidst rising global tensions, the Indian economy can be the next el-dorado for the global defense industry with direct opportunities exceeding $10 bn in 2028, and several other sizeable indirect opportunities.
The report not only discusses the size of the opportunity but also lays down a clear roadmap to navigate through the terrain. Since defense deals almost always involve government bodies, the procedure to participate in such deals can be very complex, and getting in touch with the right authority, or finding a proper guide is also a significant challenge for the participating vendors.
The report thus also intends to serve as a guide and, interested vendors can find answers to key questions like:
Apart from the opportunity forecast and the procedural guidelines, the study also delves deep into the import/export trends of defense equipment for the past several years, and trends related to the distribution of the Indian defense budget are also discussed.
Some of the key findings from the report are mentioned below:
The complete report can be accessed for free, using the following link:
The Indian Defense Industry: An Opportunity Reservoir for Overseas Vendors
( https://www.stratviewresearch.com/composights-portal/opportunities-for-overseas-vendors-in-the-indian-defense-industry-whitepaper )
Or, existing users of Composights(an online portal by Stratview Research that offers free thought leadership reports, whitepapers, and much more for Composites and its allied industries) can access the report here.
Another recent release in the Composights portal that you might like:
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