India’s Defence Production Poised To Clock 20 Pc Annual Growth In FY 2024-29

India’s defence production is projected to achieve a 20% annual growth rate during the fiscal years 2024 to 2029, with ambitious targets set by the government to enhance self-reliance in defence manufacturing. The Ministry of Defence has outlined plans for defence production to reach ₹1.75 lakh crore in FY 2025, growing to ₹3 lakh crore by FY 2029, reflecting a significant commitment to
India’s defence production is projected to achieve a 20% annual growth rate during the fiscal years 2024 to 2029, with ambitious targets set by the government to enhance self-reliance in defence manufacturing. The Ministry of Defence has outlined plans for defence production to reach ₹1.75 lakh crore in FY 2025, growing to ₹3 lakh crore by FY 2029, reflecting a significant commitment to
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