Make in India Powers Defence Growth

India's defence production reached Rs.1.27 lakh crore in FY 2023-24, marking a 174 per cent rise since 2014-15, driven by the Make in India initiative.The Ministry of Defence signed a record 193 contracts worth over Rs.2,09,050 crore in 2024-25, with 177 contracts (92 per cent) awarded to the domestic industry. Defence exports hit a record Rs.21,083 crore in FY 2023-24, expanding 30 times in a decade, with exports to 100+ countries.

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India's defence production has grown at an extraordinary pace since the launch of the "Make in India" initiative, reaching a record Rs.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.

Strategic policies have fuelled this momentum, encouraging private participation, technological innovation, and the development of advanced military platforms. The surge in the defence budget, from Rs. 2.53 lakh crore in 2013-14 to Rs.6.81 lakh crore in 2025-26, underlines the nation's determination to strengthen its military infrastructure.

With modern warships, fighter jets, artillery systems, and cutting-edge weaponry being built within the country, India is now a key player in the global defence manufacturing landscape. The success of "Make in India" has not only reinforced national security but also positioned India as a dependable exporter of defence equipment. This growing capability reflects India's vision of achieving self-reliance while shaping the future of advanced military technology.

Key Defence Acquisitions and Approvals Procurement of Light Combat Helicopters (LCH) Prachand:

The Ministry of Defence signed two contracts with Hindustan Aeronautics Limited (HAL) on March 28, 2025, for 156 LCH Prachand helicopters worth Rs.62,700 crore (excluding taxes). The Indian Air Force will receive 66 helicopters, while the Indian Army will get 90. Deliveries will begin in the third year and continue over five years. Designed for high-altitude operations above 5,000 meters, LCH has over 65 per cent indigenous content, involving 250 domestic companies, mostly MSMEs, and generating over 8,500 jobs.