India’s Defence Production Milestone in FY 2023-24
India's defence production hit a record Rs 1,26,887 crore in FY 2023-24, driven by government initiatives for self-reliance.
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India's defence FAQs
What was the total value of India's defence production in FY 2023-24?
Rs 1,26,887 crore.
What was the growth rate in defence production from the previous year?
16.7%.
What contributed the most to the defence production value?
Defence Public Sector Undertakings (DPSUs) and other PSUs, contributing 79.2%.
How much did the private sector contribute to the defence production value?
20.8%.
What was the value of defence exports in FY 2023-24?
Rs 21,083 crore.
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