India’s Defence Production Makes 15% Increase From Last Year’s 1.27 Trillion

India’s defence production makes 15% increase from last year’s 1.27 trillion

New Delhi: Defence Minister, Rajnath Singh declared on Thursday that  India’s annual defence production soared to a record ₹1.46 trillion in 2024–25 (FY25), marking an almost 15% increase from the previous year’s ₹1.27 trillion at the Confederation of Indian Industry’s (CII) annual business summit in New Delhi. He also revealed that defence exports reached an all-time high in the last financial year, exceeding ₹24,000 crore—an increase of nearly…

India’s Defence Manufacturing Set to Reach ₹8.8 Lakh Crore by 2047: CII-KPMG Report

India’s defence manufacturing sector is poised for a dramatic transformation over the next two decades. According to a new study released by the Confederation of Indian Industry (CII) in collaboration with KPMG India, the country’s defence production could see a sixfold increase, reaching ₹8.8 lakh crore by the year 2047, compared to the projected ₹1.46 lakh crore for 2024-25. This ambitious growth trajectory aligns with India’s broader vision o…

Manufacturing: Private sector to get opportunities

AMCA project to develop five prototypes The private sector will get an opportunity to participate in a mega defence project along with public sector companies as India further bolster indigenous defence capabilities, Defence Minister Rajnath Singh has told industry captains. Addressing the Inaugural Plenary of Confederation of Indian Industry (CII) Annual Business Summit in New […] Source

Rajnath Singh Calls AMCA ‘Bold, Decisive’ Move To Strengthen India’s Defence Arsenal

Defence Minister Rajnath Singh has described the approval of the Advanced Medium Combat Aircraft (AMCA) program execution model as a “bold a...