Private Sector’s Share In Defence Production Soars To New Heights
Private sector companies accounted for a larger share of defence production in 2023-24 than has been seen in at least eight yearsEven as defence exports have reached record levels, an analysis of the Department of Defence Production data shows that private sector companies accounted for ₹16,411 crore, or 22 per cent share in the total defence production of ₹74,739 crore in 2023-24 (FY24). This is