Indian defense sector
Global Arms Industry Reaches Record $679 Billion in Sales Amid Rising Conflicts and Geopolitical Tensions
Dec 01, 2025 09:09 pm CST
The Stockholm International Peace Research Institute reports that global arms sales hit a record $679 billion in 2024, growing by 5.9% due to conflicts in Ukraine and Gaza. All five top arms companies increased revenues, with Indian defense firms growing by 8.2% to $7.5 billion. The industry is expanding production capacity to meet heightened demand driven by geopolitical tensions worldwide.
India's Path to Defense Self-Reliance: Air Marshal Bharti Outlines Vision for Indigenous Aircraft Engine Development
Oct 01, 2025 02:31 am CST
Deputy Chief of the Air Staff, Air Marshal Awadhesh Kumar Bharti, highlights India's ambitious plans for defense self-reliance, including indigenous engine development within 10-12 years and the strategic importance of the 97 newly contracted LCA Mk1A aircraft. The Air Marshal emphasizes that innovation must accelerate beyond the current pace to achieve true atmanirbharta in India's defense sector.