India’s defence manufacturing surges to all-time excessive of Rs 1.51 lakh crore in FY25: Rajnath Singh

Defence Minister Rajnath Singh on Saturday stated the annual defence manufacturing has soared to an all-time excessive of Rs 1,50,590 crore in FY 2024-25.

The milestone represents a sturdy 18 per cent development over the earlier fiscal’s output of Rs 1.27 lakh crore, and a staggering 90 per cent improve since FY 2019-20, when the determine was Rs 79,071 crore, the minister knowledgeable.

Defence Public Sector Undertakings (DPSUs) and different PSUs accounted for practically 77 per cent of whole manufacturing, whereas the personal sector contributed 23 per cent.

The share of the personal sector, which elevated from 21 per cent in FY 2023-24 to 23 per cent in FY 2024-25, displays the sector’s rising function within the defence ecosystem of the nation.

The Minister lauded the collective efforts of the Division of Defence Manufacturing and all stakeholders – DPSUs, public sector producers, and the personal business in reaching this landmark.
He termed the upward trajectory as a transparent indicator of India’s strengthening defence industrial base.

Each private and non-private segments of the business have demonstrated constant year-on-year development, attributed to far-reaching coverage reforms, enhanced ease of doing enterprise, and a strategic give attention to indigenisation over the previous decade.

The general manufacturing of DPSUs and personal sector has elevated by 16 per cent and 28 per cent, respectively in FY 2024-25.

“This record-setting achievement underscores the rising momentum of the federal government’s push to self-reliance in defence manufacturing below the Aatmanirbhar Bharat initiative spearheaded by Prime Minister Narendra Modi,” in keeping with a Defence Ministry assertion.

The emphasis to cut back the dependency on imports and create a defence industrial advanced that not solely caters to India’s wants but additionally strengthens the potential of exports has proven optimistic outcomes.

With sustained coverage assist, elevated personal participation, and increasing export capabilities, India’s defence manufacturing sector is poised for continued acceleration within the years forward.