In a landmark announcement, Defence Minister Rajnath Singh confirmed that India’s annual defence production reached an all-time high of ₹1,50,590 crore in fiscal year 2024–25. This marks a significant 18% increase from the ₹1.27 lakh crore achieved in the previous year, and nearly a 90% cumulative rise since FY20, when production stood at ₹79,071 crore.
Behind the Surge: Driving Forces at Play
- Indigenisation and Atmanirbhar Bharat: The government’s push for self-reliance in defence manufacturing—through policies like Make in India and strategic reforms—has catalysed growth in both public and private sectors.The Economic Times
- Public-Private Synergy: DPSUs and other government-run units continue to dominate output, accounting for around 77%, while the private sector’s share expanded from 21% to 23%, reflecting growing commercial participation.
- Export Momentum: Alongside domestic gains, India’s defence exports also achieved new heights in FY25—an indicator of strengthening global competitiveness.
Why This Milestone Matters
Significance | Insight |
---|---|
Strategic Autonomy | Reduced import reliance strengthens national security and manufacturing resilience. |
Economic & Industrial Growth | Rising private-sector roles fuel innovation, job creation, and technology advancement. |
Global Footprint Expansion | Elevated export performance enhances India’s stature as a trusted defence supplier. |