Defence production hits record ₹1.51 lakh crore in FY 2024-25, marking sharp growth over recent years:

India’s defence manufacturing sector has achieved an unprecedented production value of ₹1,50,590 crore in FY 2024-25 — an 18% jump compared to ₹1.27 lakh crore in FY 2023-24, and a 90% surge from ₹79,071 crore in FY 2019-20. Defence Public Sector Undertakings (DPSUs) and other PSUs contributed around 77% of the total output, while the private sector accounted for 23%, up from 21% the previous fiscal year. The rise reflects the increasing role of private companies in strengthening India’s defence ecosystem.