New Delhi: India’s defence manufacturing sector has reached a new milestone, clocking a record output of ₹1,50,590 crore in the financial year 2024–25 — an 18% jump from last year’s ₹1.27 lakh crore and a massive 90% surge compared to 2019–20.
Defence Minister Rajnath Singh attributed the achievement to the joint efforts of the Department of Defence Production, Defence Public Sector Undertakings (DPSUs), public sector manufacturers, and private industry players. Calling the rise “a clear sign of India’s strengthening defence industrial base,” Singh lauded the sector’s growing capacity under Prime Minister Narendra Modi’s leadership.
“I commend the collective efforts of all stakeholders… This upward trajectory is a testament to India’s growing self-reliance in defence manufacturing,” Singh posted on X.
Data shows DPSUs and other PSUs accounted for 77% of total output, while the private sector’s share rose to 23% from 21% last year — highlighting its expanding role in the industry. Production in the public sector grew 16%, while the private sector posted a 28% rise, driven by policy reforms, simplified business processes, and a strong push for indigenisation.
The achievement aligns with the government’s Aatmanirbhar Bharat vision, which aims to reduce defence imports and build an export-ready manufacturing base.
In another record, defence exports touched ₹23,622 crore in 2024–25, up 12% from last year’s ₹21,083 crore. Officials say sustained policy support, increased private sector participation, and expanding export markets are expected to keep the momentum going in the years ahead.
