India's defence production reached ā¹1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. Defence exports hit a record ā¹21,083 crore in FY 2023-24.
š®š³| India's defence production.
-India's indigenous defence production rose to 1.27 lakh crore as per the data received all from the DPSU, PSU and private sector.
-A growth of 16.7% has been observed when compared to last year.
-The total value
For decades, our parents made a major mistake.
They stood in lines outside banks and post offices to invest in the Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and the National Savings Scheme (NSS).
PPF's 7.1% interest rate, KVP's 7.5%, and
The average annual growth rate of India's manufacturing sector over the last decade is 5.2%. In 2022-23, the manufacturing sector grew by 4.7% and contributed 17% to the country's GDP.
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Mahendra Lochhab
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India's revenue from pharmaceutical exports was $25.3 billion in the 2022-2023 financial year.
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Mahendra Lochhab
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In 2021-22, India's handmade carpet and other floor coverings exports reached $2.23 billion.