New Delhi, Dec. 27 -- India's defence sector witnessed unprecedented growth in 2023-24, setting new benchmarks in indigenous production and exports.

The total value of domestic defence production soared to Rs 1,26,887 crore, a 16.7 per cent increase over the Rs 1,08,684 crore recorded in FY2022-23, according to data released by the Ministry of Defence (MoD).

This remarkable achievement underscores the nation's commitment to self-reliance under the "Aatmanirbhar Bharat" initiative.

Defence public sector undertakings (DPSUs) and other public sector units (PSUs) contributed 79.2 per cent to the total production, while the private sector accounted for 20.8 per cent.

Defence exports also touched new heights, reaching Rs 21,083 crore (USD 2...