India’s defence production has grown at an extraordinary pace since the launch of the “Make in India” initiative, reaching a record ₹1.27 lakh crore in FY 2023-24. Once dependent on foreign suppliers, the country now stands as a rising force in indigenous manufacturing, shaping its military strength through homegrown capabilities. This shift reflects a strong commitment to self-reliance, ensuring that India not only meets its security needs but also builds a robust defence industry that contributes to economic growth.
Additionally, defense exports have surged to an all-time high of ₹21,083 crore, a 32.5% jump from ₹15,920 crore in FY 2022-23. The increase in production and exports highlights India’s growing self-reliance in defense and its emergence as a global defense manufacturing hub.
The government continues to push for indigenous development, reducing dependence on imports while strengthening the defense industry.