India Eyes Rs 3 Lakh Crore Defence Production By 2025 After 174% Surge In 10 Years

India Eyes Rs 3 Lakh Crore Defence Production By 2025 After 174% Surge In 10 Years

Defence exports have skyrocketed from ₹686 crore in FY 2013-14 to an all-time high of ₹21,083 crore in FY 2023-24, marking a 30-fold increase over the past 10 years

Indigenous defence production in India touch Rs 1.27 lakh crore | DH Latest News, DH NEWS, Latest News, India, NEWS , Defence, Big Make In India, Make in India campaign, Indigenous defence production, Defence exports, Make In India

New Delhi: India has achieved the highest-ever growth in indigenous defence production in 2023-24. This growth was achieved  since the launch of the Make in India initiative. Indigenous defence production in India reached a record 1 lakh 27 thousand crore rupees. The value of defence production has surged 174 per cent increase from 46 thousand 429 crore in 2014-15. Defence exports have also surged from 686 crore in 2013-14 to an all-time high of…

India achieves highest-ever growth in defence production in 2023-24 - The Indian Awaaz

AMN / NEW DELHI India has achieved the highest-ever growth in indigenous defence production in 2023-24 since the launch of the Make in India initiative, reaching a record one lakh 27 thousand crore rupees. The Defence Ministry said the value of defence production has surged by 174 per cent from 46 thousand 429 crore in 2014-15. The ministry said that once dependent on foreign suppliers, the country now stands as a rising force in indigenous manu…