India boosts defence production by 90% in just 5 years, military manufacturing at all‑time high

While uncertainties and conflict engulf the world, India’s defence production has hit a record high. On Saturday, Defence Minister Rajnath Singh took to Twitter to announce that India’s annual defence production has soared to an all-time high figure of Rs 1,50,590 crore in the Financial Year (FY) 2024-25.

This marked a whopping 18 per cent growth in production in comparison to the output last year. Not only this, it marked a staggering 90 per cent increase since FY 2019-20, when the figure was Rs 79,071 crore.

“I commend the collective efforts of the Department of Defence Production and all stakeholders, i.e., DPSUs, public sector manufacturers, and the private industry, in achieving this landmark. This upward trajectory is a clear indicator of India’s strengthening defence industrial base,” Singh wrote in a post on X, formerly known as Twitter.

India boosts defence production by 90% in just 5 years

As per the data shared by the government, Defence Public Sector Undertakings (DPSUs) and other PSUs accounted for approximately. 77 per cent of total production. Meanwhile, the private sector contributed 23 per cent. The 2 per cent increase in the share of the private sector reflects the sector’s growing role in the defence ecosystem of the country.

The ministry noted that this growth is attributed to far-reaching policy reforms, enhanced ease of doing business, and a strategic focus on indigenisation over the past decade. The overall production of DPSUs and the private sector has increased by 16 per cent and 28 per cent, respectively, in FY 2024-25.

Under the Aatmanirbhar Bharat initiative spearheaded by Prime Minister Narendra Modi, India aimed to reduce dependency on imports and create a defence industrial complex that not only caters to India’s needs but also strengthens the potential of exports.