New Delhi, Nov. 20 -- India recorded its highest-ever defence production of Rs 1.54 lakh crore in 2024-25, with manufacturing in the country rising leaps and bounds over the past years, thanks to the right policies and Atmanirbharta reforms in place.
According to the central government, the country's indigenous defence production hit a record Rs 127,434 crore in 2023-24, a 174 per cent surge from Rs 46,429 crore in 2014-15. India is on track to achieve a target of Rs 1.75 lakh crore in defence production in the current fiscal year.
As many as 16,000 MSMEs have emerged as the game-changers, strengthening indigenous defence capabilities in India.
The upward trajectory in defence production is the result of continued government support ov...
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