Rajnath Singh Highlights 4x Growth in Defence Manufacturing Since 2014
What Happened
Defence Minister Rajnath Singh said India's domestic defence production has risen from ₹46,000 crore in 2014 to around ₹1.80 lakh crore, while defence exports have surged from about ₹1,000 crore to nearly ₹39,000 crore. Speaking in Jabalpur, he said the country is moving steadily towards defence self-reliance under the Aatmanirbhar Bharat initiative.
Key Takeaways
The government has now set a target of ₹50,000 crore in defence exports by 2028-29, reflecting India's ambition to become a major global defence manufacturing and export hub.