India Allocates ₹1,07,549 Crore for Navy Expansion and Modernization in 2026-27 Budget
India's budget for 2026-27 includes an allocation of ₹1,07,549 crore for navy expansion, targeting a fleet of 230 ships by 2037. This initiative includes the construction of 50 warships and aims to enhance naval capabilities against China while promoting self-reliance through local shipyards.

India has allocated ₹1,07,549 crore in its 2026-27 budget for the expansion and modernization of its navy, with a goal of achieving a fleet of 230 ships by 2037. The plan includes the construction of 50 warships and an increase in aviation assets.
The initiative aims to bolster naval capabilities to counter China's maritime presence and emphasizes self-reliance by utilizing local shipyards. Key projects involve developing Project 75I submarines and focusing on sustainability in new naval designs.




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