India’s Loitering Munitions Market Intelligence 2026–2035

India has entered a ten-year window in which loitering munitions move to the centre of its land-warfare doctrine. Operation Sindoor in 2025 turned the shift into a procurement fact — ₹9,100 crore of emergency powers, roughly 80% of the field-formation tranche directed to loitering and kamikaze systems, and a December-2025 DAC clearance of about ₹79,000 crore that named a Loiter Munition System for Artillery Regiments. This market-intelligence report argues India has a sovereignty problem, not a capability one: it can build world-class systems — Nagastra, ALS-50, SkyStriker, ULPGM-V3 — but depends on China for roughly 90% of its flight controllers and rare-earth magnets and about 84% of its lithium-ion cells. It models the ten-year demand bottom-up, maps the domestic and foreign supplier base, scores subsystem sovereignty across the value stack, and sets out a datable path to 2035 — with the Budget FY26-27 earmark of ₹1.39 lakh crore (75% of capital acquisition) for domestic procurement as the protected runway. Six parts, seventeen chapters, twenty-five figures and full appendices.