– By Sahil Luthra
India, a rising global power, is poised to revolutionise its small arms and ammunition manufacturing sector. As geopolitical tensions persist and the need for self-reliance in defence becomes increasingly critical, India is taking bold steps to modernise and expand its domestic production capabilities.
Current Landscape
In the past, India has depended on imports for procuring both small arms and ammunition. But the recent years have witnessed a change in the tide due to the government’s ‘Make in India’ campaign and increased focus on reducing reliance on overseas suppliers.
Also Read Indian apparel exporters to report revenue growth of 9-11% in FY25, capex spends to increase too in FY25 and FY26 Broader markets see deep cuts Indian CEOs set their sights on Mexico as key trade hub in landmark talks From Nuclear Diplomacy to Tech Diplomacy: How the US-India Partnership Evolved into a Strategic Force for Emerging Technologies
As per the recent announcement by Defense Minister Rajnath Singh, India has achieved its highest-ever growth in defence production value of approximately Rs 1.27 lakh crores in 2023–24. This showcases the growing strength of India’s domestic defence industry. This significant figure underscores the country’s commitment to self-reliance in defence manufacturing, including small arms and ammunition.
Driving Forces
Several factors are propelling India’s push towards domestic small arms and ammunition production:
1. Strategic Independence: Reducing reliance on foreign suppliers enhances India’s strategic autonomy and ensures a steady supply of arms during crises.
2.Economic Benefits: A robust domestic arms industry can create jobs, boost exports, and contribute significantly to the economy.
3. Technological Advancements: Investing in R&D for small arms manufacturing can lead to innovations applicable to other sectors.
4.Customization: Domestic production allows for the development of weapons tailored to India’s specific operational requirements.
Key initiatives and developments
The Indian government and private sector are making significant strides in advancing small arms and ammunition manufacturing.
1. Policy Reforms: The liberalisation of foreign direct investment (FDI) in defence manufacturing, allowing up to 74% FDI through the automatic route, has attracted global players to set up production facilities in India.
2. Public-Private Partnerships: Collaborations between state-owned ordnance factories and private companies are fostering innovation and efficiency in production.
» Read More