Defence Manufacturing

Defence manufacturing involves the production, assembly, and development of military equipment, weapons, vehicles, and technology for national defence purposes, often including collaboration between government agencies, private companies, and research institutions.

Defence Manufacturing in India

  • India aiming for a production target of US$ 25 billion by 2025, including US$ 5 billion from exports.
  • The value of defence production crossed US$ 12 billion for the first time, reaching US$ 13.1 billion in FY23.
  • India targets to export military hardware worth US$ 5 billion in the next five years, with defence exports already at US$ 1.9 billion in FY23, showcasing a 240% increase ....
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