India’s automotive industry drives growth, contributing 7% to GDP and employing 37 million people. In 2023-24, it produced 23.28 million vehicles, solidifying its position as the 4th largest global auto market, with aspirations to reach 3rd by 2026. Meanwhile, the defense sector is advancing with a $74.8 billion allocation for 2024-25, including $12 billion for deep tech innovation and $2.9 billion for DRDO, supporting modernization and cutting-edge technologies.

 

VNR partners with companies in automotive and defense, enabling them to navigate challenges, scale operations, and leverage emerging opportunities for sustainable growth.