India’s Defence Production Hits Record $18.19 Bn in FY 2024–25

India has achieved a historic milestone with defence production soaring to ₹1.51 lakh crore (₹1,50,590 crore), approximately $18.19 billion USD.

Defence Minister Mr. Rajnath Singh has lauded 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. He termed the upward trajectory as a clear indicator of India's strengthening defence industrial base.

Key Highlights

• Growth Trajectory:
  • Up 18% from ₹1.27 lakh crore in FY 2023–24
  • Up 90% from ₹79,071 crore in FY 2019–20
• Sector Contributions:
  • Public Sector (DPSUs & PSUs): 77% of total production
  • Private Sector: 23%, up from 21% last year
• Exports:
  • Defence exports hit ₹23,622 crore
  • Up 12.04% from FY 2023–24
• Policy Drivers:
  • Strategic push under Aatmanirbhar Bharat
  • Focus on indigenisation, ease of doing business, and export capability
  • Defence Minister Rajnath Singh credited the achievement to collective efforts and PM Modi’s leadership

Strategic Implications

This surge positions India as a rising global player in defence manufacturing. The blend of public-private growth, policy reforms, and export momentum suggests a maturing industrial base with long-term potential.