India, Feb. 1 -- The Government of India issued the following news release:
Introduction
India's defence sector has undergone a remarkable transformation since 2014, evolving from a largely import-dependent military force to one increasingly focused on self-reliance and indigenous production. As one of the strongest military powers globally, India holds a pivotal role in ensuring regional security and fulfilling strategic goals. The country's defence budget, which stood at rs 2,53,346 crore in 2013-14, has seen a significant rise, reaching rs 6,21,940.85 crore in 2024-25, reflecting a clear commitment to strengthening the nation's defence capabilities. Central to this transformation is the growth of India's defence manufacturing industry,...