Summary
The Future of the Indian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast Indian defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies and key news.
Key Findings
• The Indian defense industry is expected to experience growth at a CAGR of 9.83% during 2015-2019.
• The country’s total defense expenditure during the forecast period is expected to be US$241.2 billion.
• The capital expenditure allocation is expected to increase marginally to an average of 39.0% during the forecast period from 38.6% in the review period.
• India is expected to invest in the procurement of deep sea rescue vessels, advanced multi-role helicopters, ultra-light howitzers, and Israeli Barak missiles, as well as enhance anti-submarine warfare capabilities.
Synopsis
This report offers detailed analysis of the Indian defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following:
• Indian defense industry market size and drivers: detailed analysis of the Indian defense industry during 2015–2019, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the spending patterns and modernization patterns of the country
• Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to the army, navy and air force. It also