Budget 2026: India to raise defence spend by 15.3% to Rs 7.84 lakh crore after a year of Pakistan war

India's defence budget for FY27 surges to ₹7.84 lakh crore, a 15.3% increase, emphasizing 'Make in India' and self-reliance. Driven by Operation Sindoor, domestic defence production hit record highs, with exports also soaring. Reforms like DAP 2020 and DPM 2025 streamline procurement, boosting indigenous platforms and combat readiness.