MSMEs defense sector

  • India Achieves Record Rs 1.54 Lakh Crore in Defense Production: A Milestone in Self-Reliance

    India Achieves Record Rs 1.54 Lakh Crore in Defense Production: A Milestone in Self-Reliance

    Nov 20, 2025 08:14 pm CST

    India has reached a historic milestone with defense production hitting Rs 1.54 lakh crore in 2024-25, driven by Atmanirbharta reforms and strategic policy changes. The country now exports to over 100 nations, with 16,000 MSMEs playing a crucial role in strengthening indigenous capabilities. Government initiatives including Defense Industrial Corridors, streamlined procurement procedures, and liberalized FDI policies are positioning India as a global defense manufacturing hub, with ambitious targets of Rs 3 lakh crore in production and Rs 50,000 crore in exports by 2029.