India's Defence Production Hits Record High in 2024-25
India's defence production reached a record Rs 1,50,590 crore in 2024-25, marking an 18% growth over the previous year and a 90% increase since 2019-20. Defence Minister Rajnath Singh attributes this success to collaborative efforts and a strengthened industrial base under Prime Minister Narendra Modi's leadership.
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- India
India's defence production has soared to a record Rs 1,50,590 crore for the fiscal year 2024-25, Defence Minister Rajnath Singh announced on Saturday.
This represents an impressive 18% growth over the previous year's figure of Rs 1.27 lakh crore. Since 2019-20, the increase is a staggering 90% from Rs 79,071 crore.
Singh commended the Department of Defence Production and other stakeholders for their collective efforts, citing it as a sign of the country's strengthening defence industrial base under Prime Minister Narendra Modi's leadership.
(With inputs from agencies.)
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- 2024-25
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