A fast-read primer on where the sector stands today and where it's headed — the backdrop against which we benchmark every company's cost structure in this category.
Domestic production has more than doubled in two years, and the government's FY29 target implies it nearly doubling again.
FY24 → FY25 → FY29 target
Share of total production value
From a near-standing start in FY14 to a Rs 30,000+ crore ambition for FY26 — private companies now drive more than 90% of that growth.
FY14 → FY25 actual → FY29 target
Three reinforcing forces — geopolitical demand, policy design, and capital commitment — are compounding at the same time.
A sample of the policy and industry-wide moves shaping the sector through early 2026.
Listed Indian Aerospace & Defence companies in tDoBe's cost-benchmarking coverage.
The numbers above set the stage. Our Report translates it into a company-by-company cost benchmark — down to the category — so you can see exactly where a business sits against its peers.
Explore the Aerospace & Defence Report