With strategic foresight and a vision for the future, KPMG in India’s thought leadership on India's Defence Vision 2047 outlines a transformative roadmap for the aerospace and defence sector.

    Our vision of 'Atmanirbhar, Agrani, and Atulya Bharat 2047' embodies India's aspirations to emerge as a leading global power in defence manufacturing. This vision outlines clear and actionable steps towards achieving this ambitious goal, delineating strategic vectors that translate this vision into tangible objectives.

    Central to this vision is the understanding that achieving excellence in defence manufacturing necessitates a holistic strategy that integrates research and development, indigenisation, global competitiveness, sustainability, and strategic partnerships. The realisation of this vision hinges on the collaborative efforts of key stakeholders, including government bodies, armed forces, research institutions, academia, industry leaders, and international partners, all of whom play a pivotal role in actualising this strategic vision.

    At the core of this effort lies the promotion of alignment and collaboration among diverse stakeholders, offering an opportunity to foster a thriving, self-reliant, and globally competitive defence industry that will elevate India's standing as a formidable force in the 21st century.

    Key highlights from the report

    Strategic vision
     

    India envisions becoming a global leader in the defence landscape by achieving self-reliance, excelling as a prominent exporter, and pioneering advancements in critical niche technologies.

    Strategic vectors
     

    The strategic vectors are outlined to enhance self-reliance, achieve global leadership in technology, and become a major exporter which will be require phased implementation of strategic recommendations over three distinct periods of Short term (2025-2032), Medium term (2032-2038) and Long term (2038-2045).

    • Enhancing self-reliance in defence capabilities by 2032

      Reduce import dependency by investing in indigenous R&D, expanding domestic manufacturing, and fostering innovation

    • Becoming a global exporter by 2038

      Position India among the top five global defence exporters by expanding international partnerships, meeting global standards and vigorously promoting Indian defence products in international markets

    • Achieving global leadership in critical niche technologies by 2045

      To position India as a world leader in niche defence technologies by fostering industry-academia-government collaboration and investing in next-generation R&D


    Strategic capabilities required - Six pillars of capability development are:

    science

    R&D and Innovation

    Boost defence R&D investment and establish a National Defence Technology and Innovation Framework (NDTIF) to drive breakthrough technologies

    groups

    Talent and Skill development

    Prioritising talent acquisition, retention, and continuous skill enhancement is central to achieving Vision 2047 where a skilled workforce is essential for designing, developing, and maintaining advanced defence systems

    flight

    Developing defence production capabilities

    To support development of domestic production capabilities, the government has introduced various initiatives and policies, including the ‘Make in India’ initiative, creating defence corridors, funding support, industrial incentives, testing infrastructure, etc

    assured_workload

    Regulatory and procedural reforms

    Simplified regulatory framework, adopt an adaptive policy-making approach that evolves with technological advancements and strengthen DPSUs and break procedural shackles to make them globally competitive

    language

    Strategic partnerships and collaborations

    Deepen international collaborations with technologically advanced countries like the U.S., Israel, Japan, and European nations

    business

    Infrastructure

    Expand the world-class testing, simulation, and certification facilities for emerging technologies, and adopt advanced manufacturing technologies


    India’s Defence Industrial Sector Vision 2047

    India's Defence Vision 2047 outlines 'Atmanirbhar, Agrani, and Atulya Bharat 2047' to emerge as a global power in defence manufacturing

    Management Capability Development Index (MCDI) India 2024 Report

    How can KPMG in India help

    Aerospace, Defence & Space

    We have a well-defined and robust approach to support our clients effectively across a spectrum of projects in business performance services, transaction services and tax and regulatory services including offset advisory.

    Government and Public Services

    Collaborating for progress, development, citizen empowerment and upliftment

    Technology Enablement

    Working with clients to determine how their industry, business functions and digital capabilities can change for the better

    Key Contact

    Cdr Gautam Nanda

    Associate Partner and Lead – Aerospace & Defence, Government and Public Services

    KPMG in India


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