India's Defence Production Hits Record High Of Rs 1.27 Lakh Crore In 2023
NDTV
Welcoming the "encouraging development", PM Narendra Modi said, "Compliments to all those who have contributed to this feat. We are fully committed to nurturing a supportive environment to further enhance our capabilities and establish India as a leading global defence manufacturing hub".
India's annual defence production has hit a record high of approximately Rs 1.27 lakh crore in 2023-24, with the Make in India programme crossing new milestones, Defence Minister Rajnath Singh said today.
The value of defence production in FY 2022-23 was Rs 1,08,684 crore.
Welcoming the "encouraging development", Prime Minister Narendra Modi said, "Compliments to all those who have contributed to this feat. We are fully committed to nurturing a supportive environment to further enhance our capabilities and establish India as a leading global defence manufacturing hub".
