Budget 2026: What five years of data shows about India’s defence spending

India's defence budget is set for a steady rise in FY26, projected at Rs 6.81 lakh crore, continuing a five-year upward trend. The focus is shifting towards modernization and capital expenditure, with a significant portion earmarked for domestic procurement.

Budget 2026: What five years of data shows about India’s defence spending
India's defence budget is set for a steady rise in FY26, projected at Rs 6.81 lakh crore, continuing a five-year upward trend. The focus is shifting towards modernization and capital expenditure, with a significant portion earmarked for domestic procurement.