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India's defence production reached โน1.27 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 โน21,083 crore in FY 2023-24.
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*RBI Transfer to Government* FY 2012-13 Rs33,110 crore FY 2013-14 Rs52,679 crore FY 2014-15 Rs65,896 crore FY 2015-16 Rs65,876 crore FY 2016-17 Rs30,659 crore FY 2017-18 Rs50,000 crore FY 2018-19 Rs176,051 crore FY 2019-20 Rs57,128 crore FY 2020-21
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๐ฎ๐ณ| 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
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indiaโs defence sector is booming! Defence exports jumped 3400%โfrom โน694 crore in 2013-14 to โน23,622 crore in FY2024-25โthanks to government reforms, โMake in India,โ and recent conflicts. The sector is targeting โน3 lakh crore in production and โน50,
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How Indiaโs Defence Manufacturing Took Off in 2025 Theme: From Importer to Exporter โ Indiaโs Defence Renaissance --- ๐ก๏ธ The Problem Heavy reliance on foreign defense imports Limited domestic manufacturing capabilities Need for self-reliance
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Interesting changes are happening in India's defence sector. Some things to note: ๐นThe Nifty India Defence Index has skyrocketed by 179.3% over the past year! ๐นFY 2023-24: Highest ever production at โน1.27 lakh crore ๐นMassive growth: 16.7% year
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