India's defence production reached ₹1.27 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 ₹21,083 crore in FY 2023-24.
🇮🇳| 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
Hyderabad is a strong second in IT exports(₹2,41,275 crore in FY 2022-23).
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Shanu Chhetri
CS student | Tech En... • 6d
india’s defence sector is booming!
Defence exports jumped 3400%—from ₹694 crore in 2013-14 to ₹23,622 crore in FY2024-25—thanks to government reforms, “Make in India,” and recent conflicts. The sector is targeting ₹3 lakh crore in production and ₹50,
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Mahendra Lochhab
Content creator • 3m
The India packaged sweets market size reached INR 6,229.7 Crore in 2023.
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CA Jasmeet Singh
In God We Trust, The... • 19d
How India’s Defence Manufacturing Took Off in 2025
Theme: From Importer to Exporter — India’s Defence Renaissance
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🛡️ The Problem
Heavy reliance on foreign defense imports
Limited domestic manufacturing capabilities
Need for self-reliance
📈 India's Trade Performance (2019-20 to 2023-24)(In US$ Billion):🇮🇳
Exports: 🚀 Rose by 47.79%
📊 2019-20: $526.55B ➡️ 2023-24: $778.19B
Imports: 📦 Increased by 41.59%
📊 2019-20: $602.98B ➡️ 2023-24: $853.73B
(MoC&I)
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Mahendra Lochhab
Content creator • 8m
Digital payments are growing: In FY 2023-24, digital payments in India were valued at Rs. 2,428 lakh crores, up from Rs. 1,370 lakh crores in FY 2017-18.
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Arcane
Hey, I'm on Medial • 10m
Interesting changes are happening in India's defence sector.
Some things to note:
🔹The Nifty India Defence Index has skyrocketed by 179.3% over the past year!
🔹FY 2023-24: Highest ever production at ₹1.27 lakh crore
🔹Massive growth: 16.7% year