How Private Companies are Contributing to the Nation’s Growth

India’s private sector is entering a period of rapid expansion, with revenues projected to grow by 16-18% this fiscal year, supported by strong domestic demand and favorable expansion. Private companies are becoming a powerful defence company this year. Private companies like ours are not just manufacturing defence components; we are building the foundation stronger and more secure for the nation’s growth. Through sustained investment in R&D, cutting-edge manufacturing, and skill development, we are helping the country reduce its reliance on imports and fostering an ecosystem that generates high-value employment and long-term technological capabilities.

The government’s emphasis on “Atmanirbhar Bharat” and “Make in India” initiatives has opened remarkable opportunities for the private sector to co-create with the armed forces and the public sector. By using advanced materials, digital technologies, and automation, the private sector is delivering solutions that meet global standards while remaining cost-efficient and produced locally and reducing dependence on imports. Additionally, by scaling operations, diversifying portfolios, and capturing large orders as the industry’s order book is expected to rise from Rs 40,000 crore to Rs 55,000 crore this year. India’s private companies are no longer passive participants in national development, and we believe that we are active partners in shaping the nation’s future. Our innovation, agility, and commitment to self-reliance are not only strengthening India’s defence capabilities but also powering its journey toward becoming a global manufacturing and innovation hub.

Over the next few years, we plan to increase our technological presence through strategic partnerships, investments in cutting-edge solutions, and skills development programs. Krishna Defence is committed to being a major player in the tech-savy, self-reliant, and resilient India by constantly adopting the world’s best practices and building a culture of excellence around it. While the main goal is to meet the present-day needs of defence, we also want to predict and guide the future challenges, and thus, India will always be among the leading countries in terms of both innovation and excellence in manufacturing.