The annual defence production has soared to an all-time high figure of Rs 1,50,590 crore in the Financial Year (FY) 2024-25. The milestone represents a robust 18% growth over the previous fiscal’s output of Rs 1.27 lakh crore, and a staggering 90% increase since FY 2019-20, when the figure was Rs 79,071 crore.
The Ministry of Defence attributed the growth to increased domestic procurement, policy reforms, and greater participation by private industry. Officials said the milestone reflects the government’s continued focus on self-reliance in defence manufacturing under the ‘Aatmanirbhar Bharat’ initiative.