India’s defence budget for the fiscal year 2027 has seen a significant rise, reaching ₹7.84 lakh crore. This marks an increase of nearly 16 percent compared to the previous year. Alongside this, the capital outlay has been set at ₹2.19 lakh crore, reflecting a strong focus on modernizing and expanding the country’s defence capabilities. This post breaks down the key elements of this budget, explains what the increase means for India’s security, and highlights how the funds ar