Major defence procurement agreements (govt-to-govt)

Verified

Before (baseline)

4deals

as of 2014-05-26

Now (latest)

37deals

as of 2024-12-31

Change

×9.3

Context & shortfalls

Major government-to-government defence deals include Rafale jets (France, 2016 — 36 aircraft, ₹59,000 Cr), P-8I maritime patrol aircraft (US), Apache/Chinook helicopters (US), S-400 air defence (Russia), MRFA (multi-role fighter aircraft — ongoing). India remains the world's largest arms importer (2019-23 SIPRI data), though import share is reducing with Atmanirbhar push. Offset clauses (30%) have had mixed success in building domestic capability.

Source

Ministry of Defence / Stockholm International Peace Research Institute (SIPRI)

https://www.sipri.org/databases/armstransfers ↗

Data as of 2024-12-31. Large national figures change frequently — verify at source before citing.