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Defence spending, foreign buys decline

India's defence spend has declined as a share of GDP and government expenditure, alongside a parallel drop in foreign acquisitions in capital defence purchases

1 min read
Updated On: Sep 02 2025 | 1:47 PM IST
Bhaswar Kumar
Representational image (Photo: Shutterstock)

Representational image (Photo: Shutterstock)

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.
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Written By :

Bhaswar Kumar

Bhaswar Kumar has over seven years of experience in journalism. He has written on India Inc, corporate governance, government policy, and economic data. Currently, he covers defence, security and geopolitics, focusing on defence procurement policies, defence and aerospace majors, and developments in India’s neighbourhood.
First Published: Jun 30 2025 | 12:11 PM IST

In this article : Top NewsData StoriesDefence Procurementdata hubIndian military

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