India Ammunition Market (2025-2031) Outlook | Companies, Value, Revenue, Analysis, Growth, Share, Size, Trends, Forecast & Industry

Name: India Ammunition Market (2021 - 2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Ammunition Market, India Ammunition Market, India Ammunition Market Revenues, India Ammunition Market Share, India Ammunition Market Size, India Ammunition Market Outlook, India Ammunition Market Report, India Ammunition Market Competition, India Ammunition Market Overview, India Ammunition Market Trends, India Ammunition Market Forecast

Market Forecast By Caliber (Small Caliber, Medium Caliber, Large Caliber), By Product (Rimfire, Centerfire), By Application (Civil & Commercial, Defense) And Competitive Landscape

Product Code: ETC127414	Publication Date: Aug 2023	Updated Date: Aug 2025	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

India Ammunition Market Size Growth Rate

The India Ammunition Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 14.02% in 2025 and reaches 19.67% by 2029.

India Ammunition Market Growth Rate

India Ammunition Market Synopsis

The India ammunition market is anticipated to grow significantlygrowing owing to increased investments in defence modernisation. The government has been continuously investing in research and development activities for the production of advanced ammunitions as well as aiming at encouraging foreign direct investment (FDI) by allowing 100% FDI through automatic route. In addition, with increasing expenditure on defence equipment, India is expected to be one of largest markets for ammunition globally. Moreover, rise in terrorist attacks and cross border wars have propelled demand for sophisticated weapons and its related components such as warheads, rockets, bullets etc., thereby driving growth of the market over the forecast period. However stringent regulations along with lack of technical skills among personnel are some factors that may hamper growth of the market during this period.

Market Drivers

Increasing Defence Spending â?? Government initiatives towards enhancing the military capabilities such as â??Make in Indiaâ?? campaign undertaken by Ministry Of Defence aimed at promoting indigenous manufacturing base coupled with rising expenditure on defence equipment including missiles & launchers and small arms are major drivers for growth of India ammo market over coming years. Additionally increase in geopolitical tensions between neighbouring countries will further enhance spending on defense sector leading to greater opportunity for manufacturers supplying sophisticated ammunition products across Asia Pacific region.

Challenges of the Market

Stringent Regulations - Stringent regulations pertaining environmental protection while producing or disposing off explosive substances like dynamite used in explosives will remain a major challenge hindering growth prospects for players operating across India munitions industry over upcoming years.. Additionally complexity associated while acquiring license required before manufacturing or importing these materials might restrict product supply thereby impeding overall business scenarios prevailing within India ammo industry.

Key Players in the Market

Key Players :Bharat Dynamics Limited (BDL),Ordnance Factory Board (OFB), Larsen & Toubro Limited(L&T) , Reliance Infrastructure Ltd., Tata Power Company Ltd., Kalyani Group , Poineer Explosives Private Ltd., Premier Explosives Pvt Ltd

Key Highlights of the Report:

India Ammunition Market Outlook
Market Size of India Ammunition Market, 2024
Forecast of India Ammunition Market, 2031
Historical Data and Forecast of India Ammunition Revenues & Volume for the Period 2021-2031
India Ammunition Market Trend Evolution
India Ammunition Market Drivers and Challenges
India Ammunition Price Trends
India Ammunition Porter's Five Forces
India Ammunition Industry Life Cycle
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Caliber for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Small Caliber for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Medium Caliber for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Large Caliber for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Rimfire for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Centerfire for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Civil & Commercial for the Period 2021-2031
Historical Data and Forecast of India Ammunition Market Revenues & Volume By Defense for the Period 2021-2031
India Ammunition Import Export Trade Statistics
Market Opportunity Assessment By Caliber
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
India Ammunition Top Companies Market Share
India Ammunition Competitive Benchmarking By Technical and Operational Parameters
India Ammunition Company Profiles
India Ammunition Key Strategic Recommendations

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India Ammunition

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Ammunition Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Ammunition Market Revenues & Volume, 2021 & 2031F

3.3 India Ammunition Market - Industry Life Cycle

3.4 India Ammunition Market - Porter's Five Forces

3.5 India Ammunition Market Revenues & Volume Share, By Caliber, 2021 & 2031F

3.6 India Ammunition Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 India Ammunition Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Ammunition Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing defense budgets in India

4.2.2 Rising security concerns and threats

4.2.3 Modernization of armed forces

4.3 Market Restraints

4.3.1 Stringent regulations and licensing requirements

4.3.2 Dependence on imports for advanced technologies

5 India Ammunition Market Trends

6 India Ammunition Market, By Types

6.1 India Ammunition Market, By Caliber

6.1.1 Overview and Analysis

6.1.2 India Ammunition Market Revenues & Volume, By Caliber, 2021-2031F

6.1.3 India Ammunition Market Revenues & Volume, By Small Caliber, 2021-2031F

6.1.4 India Ammunition Market Revenues & Volume, By Medium Caliber, 2021-2031F

6.1.5 India Ammunition Market Revenues & Volume, By Large Caliber, 2021-2031F

6.2 India Ammunition Market, By Product

6.2.1 Overview and Analysis

6.2.2 India Ammunition Market Revenues & Volume, By Rimfire, 2021-2031F

6.2.3 India Ammunition Market Revenues & Volume, By Centerfire, 2021-2031F

6.3 India Ammunition Market, By Application

6.3.1 Overview and Analysis

6.3.2 India Ammunition Market Revenues & Volume, By Civil & Commercial, 2021-2031F

6.3.3 India Ammunition Market Revenues & Volume, By Defense, 2021-2031F

7 India Ammunition Market Import-Export Trade Statistics

7.1 India Ammunition Market Export to Major Countries

7.2 India Ammunition Market Imports from Major Countries

8 India Ammunition Market Key Performance Indicators

8.1 Government spending on defense and security

8.2 Number of geopolitical tensions in the region

8.3 Technological advancements in ammunition manufacturing

8.4 Investments in research and development for indigenous production

8.5 Adoption rate of new ammunition technologies

9 India Ammunition Market - Opportunity Assessment

9.1 India Ammunition Market Opportunity Assessment, By Caliber, 2021 & 2031F

9.2 India Ammunition Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 India Ammunition Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Ammunition Market - Competitive Landscape

10.1 India Ammunition Market Revenue Share, By Companies, 2024

10.2 India Ammunition Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Ammunition Market

Asia Ammunition Market

Asia Pacific Ammunition Market

Europe Ammunition Market

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