The recent past has witnessed a paradigm shift in the way ‘modern wars’ are prosecuted. In today’s era, conflicts are swift, intense, tech-driven, indigenous, low-cost and high-impact. There are also no permanent enemies, friends and allies. India’s exposure to a hostile neighbourhood, along both western and northern borders, makes it mandatory for the country to possess indigenous weapon systems in its inventory to meet any eventuality that might occur. Pinaka Multi-Barrel Rocket System (MBRS) is a step in this direction, to make India, particularly the Indian Army, selfreliant in the field of rocket systems. An effort has been made in the article to study the development of the rocket system since inception, analyse current challenges being faced and suggest measures for India to capitalise on existing opportunities to achieve favourable strategic autonomy and national security.