New Delhi, June 19 -- India has emerged as a formidable global leader over the past 11 years, driven by bold initiatives that fuse ambition with action, with the country making significant strides in indigenizing its defence sector, with defence exports witnessing a multifold increase over the past 11 years.

India achieved its highest-ever defence production in Financial Year 2023-24, with the total value touching Rs 1,27,434 crore. This marks a 174 per cent rise from Rs 46,429 crore in 2014-15, according to an official statement from the government.

Indigenous platforms such as the Light Combat Aircraft Tejas, Arjun tank, Akash missile system, ALH Dhruv helicopter, and several naval vessels have all contributed to this success. The gro...