India Achieves Record ₹1.27 Lakh Crore ($15 Billion) in Defence Production, 16.7% Growth

India's defence production has reached a new milestone, hitting a record high of approximately ₹1.27 lakh crore (equivalent to $15 billion) for the fiscal year 2023-24. This impressive figure surpasses last year's total of ₹1,08,684 crore. Join us as we delve into the factors behind this remarkable growth, explore key defence projects, and discuss what this means for India's strategic capabilities and self-reliance in defence manufacturing.
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