Royal India Corporation Limited commenced research into this Industry & is in advanced discussions with Defence technology companies in India and Overseas to enter into the Defence Sector, hiring key professionals to lead the foray. With the India defence market having reached approximately USD 17.2 Billion in 2024 and growing at a CAGR of 5.76% it is estimated to touch somewhere close to USD 28 to 30 Billion in the next 10 years. The gradual change in the global landscape from hard-kill and direct combat to the incorporation of new weapons systems that are driven by Artificial Intelligence, Machine Learning & Cyber-Security needs, indicates a shift even in the allocation of funds by Governments into the research & developments into new weapon systems which will be more off the field & directed at economically weakening the enemy nations.

With the 4th largest defence budget in the world and the Government of India targeting an export of INR 50,000 Crores of defence products by 2028-29, the management at Royal India Corporation believes that an investment in this direction will contribute to not just national security but will be in alignment with the nation’s strategic goals to establish India as a global leader with advanced military prowess & self-sufficiency.

In keeping with the spirit of ‘Make In India’ and at the same time the need for global collaboration against the new kinds of threats both envisaged & unseen, Royal India Corporation aims to focus on collaborative ventures including manufacturing, development of new technologies and investment into capacity building in the long run to ensure alignment with India and its strategic partners defence goals. Our added aim is to focus on training of new drone technologies as well as building the facilities required for drone maintenance and parts replacement.