Industry Overview
INTRODUCTION:
- AEDEX 2026, the premier Aerospace and Defence Expo, will be held in Delhi, India’s strategic hub for aerospace and defence innovation and manufacturing.
- This event is designed to bring together industry leaders, manufacturers, technology providers, government agencies, and research institutions from India and across the globe to showcase cutting-edge technologies, foster collaborations, and explore new business opportunities.
- India’s aerospace and defence sector is among the fastest growing worldwide, driven by government initiatives like Make in India and Atma nirbhar Bharat that promote indigenous manufacturing, innovation, and export growth.
- AEDEX 2026 will serve as a vital platform to accelerate this growth by connecting stakeholders across the entire aerospace and defence ecosystem.
ADVANTAGE IN INDIA:
- Industry Growth: The Indian aerospace and defence market is projected to reach USD 70 billion by 2030, fuelled by modernization, technology adoption, and international
partnerships. - With the recent approval of the AMCA(Advanced Medium Combat Aircraft) project by the Government of India, the momentum for public-private partnerships in the defence sector has received a significant boost. This landmark initiative reaffirms India’s commitment to technological self-reliance under the ‘Atmanirbhar
Bharat’ mission and opens new avenues for collaboration between domestic and international players. - Against this dynamic backdrop, AEDEX 2026 presents a timely and strategic platform to explore partnerships with India’s leading defence organizations such as HAL (Hindustan Aeronautics Limited) and DRDO (Defence Research and Development Organisation). The event offers a unique opportunity for global and Indian defence manufacturers, innovators, and technology providers to engage in meaningful dialogue, showcase capabilities, and align with India’s vision for indigenous defence innovation.
MARKET OVERVIEW:
- The Indian Aerospace and defence (A&D) market is experiencing significant growth and is projected to reach around $70 billion by 2030.
- This growth is driven by increased passenger traffic, modernization of Defense services, government support for indigenous production, and a growing global presence.
- The government is also actively promoting self-reliance and encouraging private sector participation in the aerospace industry and Defence manufacturing.
- The Aerospace and Defence sector in India involves building aircraft, ships, spacecraft, weapon systems, and defence equipment. This rapid growth in these sectors therefore is propelling the growth of the manufacturing of equipment of international quality as well as establishing technologically advanced manufacturing facilities.
- Several Indian Aerospace and Defence equipment manufacturing companies have proven themselves capable of providing quality comparable to global standards.
- The Union budget for 2025 -26 envisaged an outlay of Rs. 6,81,000 Lakh Crore (US$ 78.7 billion) represents an enhancement of 9.5% over than budget of 2024 – 2025.
- Annual defence production hits record high of approx. Rs. 1.27 Lakh Crore (US$ 15.34 billion) in FY 24 up by 16.7% from last year.
- Defence Exports crossed Rs.21,000 Crore (US$ 2.43 billion) in CY24 with a target of Rs. 50,000 Crore (US$ 5.8 billion) by 2029.



