India's FY2027 Defence Budget Set at ₹7.28 Lakh Crore, Equal to ~2% of GDP

Capital modernisation outlay reaches ~₹1.80 lakh crore as total defence spending rises 5–8% nominally; ₹7.85 lakh crore figure cited elsewhere remains unverified and may conflate MoD with broader security spend.

bt-corporate · 7/1/2026, 1:16:27 PM · Ask about this →