I will recycle an older post.
Lets look at Indian Armed forces, Military/para/law enforcement
1,129,900 active Army personnel, 960,000 Reserve forces
58,350 Active Navy personnel, 55,000 Reserve forces
127,200 IAF active personnel 140,000 Reserve forces
Indian Coast Guard 9,550
1,300,586 Indian Paramilitary Forces 987,821 Reserve forces
That brings the active military strength at around 1315450, for a pessimistic projection say 1/2 of them are combatants in case of war that is around 6.5 lakh combatants, even we can project a weapons requirement to down to less than even half of that (3 lakhs) 2.5 lakh battle rifles and equal number of side arm like semi auto handgun, and around 20,000 squad support rifles, another 20,000 carbines (assume intermediate caliber) and say 10,000 precision marksman rifles.
Reserve forces have an approximate strength of around say 1155000, forget arming them completely, just to train them 1 rifle for 10 reservists, thats nearly 1.15lakh rifles, which can be broken down into 30,000 battle rifles, bolt rifles and .22 semi auto training rifles respectively.
ignoring the coast guard s, we still have around 13 lakh para mil forces, again say 1/4th of them can be need newer firearms which brings a projection of arming say 3 lakh units with semi auto handguns with the addition of a carbine/battle rifle of less 1/2 of them.
thats around 3 lakh semi auto pistols and around 1lakh carbines (say pistol caliber) and 50000 battle rifles.
that pessimistically projects a requirement of
Battle rifles 280000 units, (assume 70,000 7.62 Nato, 210000 5.56 Nato)
Carbines 120000 (80000 5.56 caliber, 40,000 .45acp)
Semi auto Handguns 550000 (9mm)
Squad support rifles 20000
Precision Sniper rifles 10000
Bolt action rifles 30000
.22 training rifles 30000
for sake of simplicity lets assume dirt cheap prices for all of them
battle rifle both calibers 500$ (same as insas)
carbines say 400$ (although cxstorm is nearly 1200$)
semi auto handguns at 400$ (although a berreta 92fs iss 600$)
Squad support rifles at 2000$
precision sniper rifle at 2500$ (although even a used dragonuv is around 3000$ and barret m82 runs you 5000$)
Bolt action rifle at 300$ (savage fcns is around twice that price)
.22 training rifle at 150$ (ruger 10/22 around 300$)
Battle rifles 140 Mil dollars
Carbines 48 Mil dollars
Semi auto Handguns 220 Mil dollars
Squad support rifles 40 Mil dollars
Precision Sniper rifles 25 Mil dollars
Bolt action rifles 9 Mil dollars
.22 training rifles 4.5 Mil dollars
The point of this entire example is to give you the rough idea that just by internal consumption (discounting civilian arms) with extremely pessimistic projections in both cost and quantity, you can have a decent market for small arms, but lethargic policy making is preventing this industry. The day this changes, I might pack my backs to go back
Source:
India's Small Arms Dillema