Abstract

This paper provides a comprehensive analysis of the historical aspect and current scenario of the Indian defence sector. The analysis underscores the potential opportunities that the “Make in India” initiative presents, including the development of indigenous manufacturing capabilities, the promotion of public-private partnerships, and the engagement of small and medium enterprises (SMEs) in defence production. The paper outlines the structure of the Indian defence industry, which includes Defence Public Sector Undertakings (DPSUs), Ordnance Factories (OFs), and private sector players, alongside academic institutions like DRDO that contribute to research and development. The paper emphasizes the need for a strategic vision that prioritizes domestic demand while simultaneously positioning India as a competitive player in the global defence market. By fostering an environment that encourages innovation, investment and collaboration the “Make in India” campaign can effectively transform the Indian defence sector, ultimately contributing to national security and economic prosperity.