India recorded its highest-ever defence production of ₹1.54 lakh crore in FY 2024-25. Indigenous defence production hit a record ₹1,27,434 crore in FY 2023-24, a 174 per cent surge from ₹46,429 crore in 2014-15. 16,000 MSMEs are emerging as the game-changers, strengthening indigenous defence capabilities.
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