India’s Defence Production Achieves New Milestone

India’s defence production has reached an unprecedented level, achieving a record high of over Rs 1.5 lakh crore in the fiscal year 2024-25. This remarkable achievement signifies an 18% increase from the previous year, showcasing the country’s growing capabilities in the defence sector. The surge in production is a testament to India’s commitment to strengthening its defence infrastructure and reducing dependency on foreign imports.

Significant Growth Since 2019-20

Since the fiscal year 2019-20, India’s defence production has witnessed a substantial growth of 90%. This growth trajectory highlights the strategic initiatives undertaken by the government to boost domestic manufacturing and enhance self-reliance in defence capabilities. The focus on indigenization and innovation has played a crucial role in achieving this milestone.

Rising Defence Exports

In addition to domestic production, India’s defence exports have also seen a significant rise, reaching Rs 23,622 crore. This increase in exports underscores India’s growing presence in the global defence market and its ability to produce high-quality defence equipment that meets international standards. The government’s efforts to promote ‘Make in India’ initiatives have been instrumental in expanding India’s footprint in defence exports.

Implications for National Security and Economy

The surge in defence production and exports not only strengthens national security but also contributes significantly to the economy. By enhancing domestic capabilities, India is better positioned to address security challenges while fostering economic growth through job creation and technological advancements. The focus on self-reliance aligns with the broader vision of making India a global hub for defence manufacturing.