India Registers Highest Ever Growth In Value Of Defence Production In 2023-24

India has registered the highest ever growth in the value of defence production in 2023-24. The value of production has reached to nearly one lakh, 26 thousand and eight hundred eighty seven crore in 2023-24, which is 16.8 percent higher than the value of production of previous financial year. 

Sharing about the same in a social media post yesterday, Raksha Mantri Rajnath Singh said that the Make in India programme is crossing new



milestones, year after year, under the leadership of Prime Minister Narendra Modi. Mr. Singh also congratulated the industry including Defence Public Sector Undertakings, other Public Sector Undertakings manufacturing defence items and the Private industry.  He said that the Government is committed to create more conducive regime for developing India as leading Global Defence Manufacturing Hub.