India stood at fourth spot in Global Firepower's Military Strength Rankings 2024, above nations like the United Kingdom and Japan. The United States has been ranked first, followed by Russia and China.

Budget 2024: What to expect for the defence sector

An outlay of Rs 3.05 lakh crore was set aside for the defence Budget for 2019-20 which was a hike of around Rs 20,000 crore compared to allocation of Rs 2.85 lakh crore in the current fiscal.

Defence Budget increased over Rs 20,000 crore; crosses Rs 3,00,000 crore for first time

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Budget 2024: What to expect for the defence sector

Defence Budget increased over Rs 20,000 crore; crosses Rs 3,00,000 crore for first time