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India aims to boost defense production to over Rs 1.6 lakh crore this year, moving towards self-reliance.
India's Defence Minister Rajnath Singh announced at the Defence Conclave 2025 that India's defence production is projected to exceed Rs 1.6 lakh crore this year and reach Rs 3 lakh crore by 2029.
The government aims to reduce import dependence and foster self-reliance through the 'Make in India' program, positioning India as a global defence hub.
Defence exports have grown from Rs 686 crore in 2013-14 to Rs 23,622 crore in 2024-25, reflecting India's growing capabilities in the sector.
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La India tiene como objetivo impulsar la producción de defensa a más de Rs 1.6 lakh crore este año, avanzando hacia la autosuficiencia.