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INDIA'S DEFENCE SECTOR SOARS
The Machinist
|June 2025
India's defence industry achieves unprecedented growth, marking a significant shift towards self-reliance with record-breaking production and export figures.
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India's journey towards self-reliance in defence has reached a pivotal milestone. In the fiscal year 2023-24, the country recorded a historic Rs. 1.27 lakh crore in domestic defence production, reflecting a remarkable 174% increase from Rs. 46,429 crore in 2014-15. This surge underscores the nation's commitment to reducing dependency on imports and boosting indigenous capabilities.
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