Archive · 13 Aug 2025
India’s Defence Tech Market to Reach $19B by 2030
India is investing heavily in defense technology, with the market expected to reach $19 billion by 2030.
This growth is fueled by advanced technologies like AI and drones.
Startups are receiving significant funding, particularly those focused on drones.
The focus on defense tech is growing faster than the overall defense market, indicating a shift towards more technologically advanced military capabilities.
AI is seen as a critical future element, with most startups already integrating it into their offerings, although its adoption lags the US and China.
India's defense tech market projected to grow to $19B by 2030, a 20% CAGR.
AI, autonomous systems, and radar platforms will drive nearly half of the market value.
Defense tech growth outpaces broader defense market growth, at 8% CAGR.
Indian defense tech startups have raised $432M since 2014, with $307M in 2024-2025.
Drones and anti-drone tech account for 71% of defense tech funding.
- Who
- Defense tech startups and investors.
- What
- India's defense tech market is experiencing rapid growth.
- When
- Projected growth from 2025 to 2030.
- Where
- India
- Why
- To enhance defense capabilities and capitalize on emerging technologies like AI.
Limited AI Spending
Investor Interest
Funding Comparison
Limited AI Spending
India's AI spending in defense is not comparable to the US and China.
Investor Interest
Investor interest in defense tech is high with significant funding rounds.
- Market Size in 2025
- $7.6B
- Projected Market Size in 2030
- $19B
- CAGR
- 20%
- Total Funding Since 2014
- $432M
- Funding 2024-2025
- $307M
- Drone Tech Funding
- 71%
