Defence Manufacturing in India FY 2024-25

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.