India recorded an unprecedented ₹1.51 lakh crore in annual defence production for FY 2024-25, representing an 18% increase from the prior year and a 90% rise since FY 2019-20, highlighting a more robust domestic defence manufacturing sector
What Is It?
The production of arms, military technology, and defense gear for India’s military and international sales.
Comprises manufacturing by Defence Public Sector Undertakings (DPSUs), ordnance factories, various PSUs, and private sector firms.
Trends:
Output Recorded – ₹1,50,590 crore for FY 2024-25.
Growth Trend – 18% increase from FY 2023-24; 90% increase since FY 2019-20.
Sectoral Distribution – DPSUs/PSUs: 77%; Private sector: 23% (an increase from 21% the previous year).
Policy Influencers – Indigenisation effort through Aatmanirbhar Bharat, business operation improvement initiatives, increased private involvement.
Export Growth – Defence exports projected at ₹23,622 crore in FY 2024-25, a 12% increase from the prior year.
Maharashtra leads in education loan disbursals over three years, SBI tops bank rankings
Congress pushes govt to act on teacher shortage, training reforms
J&K Students Association backs AMU protest against fee hike, writes to edu minister seeking rollback
PM Modi unlikely to attend UNGA as US tensions, Zelensky meeting buzz grow
CJI to ‘look into’ stray dog controversy as SC order sparks outrage
PM Modi unlikely to attend UNGA as US tensions, Zelensky meeting buzz grow
7 children among 11 dead as pilgrims’ pickup slams into parked truck in Rajasthan’s Dausa
Congress MP Rahul Gandhi flags ‘fake’ voter addresses as EC defends use of notional house numbers
Are We Raising Thinkers or Followers? This International Youth Day Calls for a Generation of Creative and Critical Thinkers
Surat diamond hub faces US tariff blow as exports and jobs hang in balance
Maharashtra leads in education loan disbursals over three years, SBI tops bank rankings
Congress pushes govt to act on teacher shortage, training reforms
J&K Students Association backs AMU protest against fee hike, writes to edu minister seeking rollback
PM Modi unlikely to attend UNGA as US tensions, Zelensky meeting buzz grow
CJI to ‘look into’ stray dog controversy as SC order sparks outrage
PM Modi unlikely to attend UNGA as US tensions, Zelensky meeting buzz grow
7 children among 11 dead as pilgrims’ pickup slams into parked truck in Rajasthan’s Dausa
Congress MP Rahul Gandhi flags ‘fake’ voter addresses as EC defends use of notional house numbers
Are We Raising Thinkers or Followers? This International Youth Day Calls for a Generation of Creative and Critical Thinkers
Surat diamond hub faces US tariff blow as exports and jobs hang in balance
Copyright© educationpost.in 2024 All Rights Reserved.
Designed and Developed by @Pyndertech