Business Standard
Notification Icon
userprofile IconSearch
Home / Blueprint Defence Magazine / Insights / Demo article for blue print

Demo article for blue print

Demo article for blue print

1 min read Last Updated : Aug 19 2025 | 4:11 PM IST
Share
fighter jet

fighter jet

India’s defence spending, as a percentage of the GDP has decreased from 2.25 per cent in 2014-15 to 1.91 per cent in 2024-2025. Along with this, there has also been a drop in the share of foreign procurement in capital defence purchases, especially from 2018-19 onwards, with share of foreign procurement being at approximately 49 per cent in 2018-19 declining by more than half at 12.4 per cent in the previous financial year uptil December 2024. 

First Published: Aug 19 2025 | 4:11 PM IST

In this article :

Blueprint Defence Magazine