Published: 20 November 2025Defence Security
India's Defence Production Reaches Record ₹1.54 Lakh Crore in FY 2024-25
India's defence production reached a record ₹1.54 lakh crore in FY 2024-25, with defence exports climbing to ₹23,622 crore from less than ₹1,000 crore in 2014. The private sector's share grew from 21% to 23% with over 16,000 MSMEs now participating in the defence ecosystem.
The Ministry of Defence signed 193 contracts worth ₹2.09 lakh crore in FY 2024-25. The government targets ₹3 lakh crore in production and ₹50,000 crore in exports by 2029. Rajasthan has a verified defence-testing link through facilities such as the Pokhran Field Firing Ranges; DRDL is located in Hyderabad, not Jaipur.
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Practice MCQ from this story
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Linked questionMedium
The Indian Army declared 2026 as the 'Year of Networking and Data Centricity'. What was the theme for 2024-25?
Explanation · Correct answer D2024-25 was designated as the 'Year of Technology Absorption', focusing on integrating newly developed technologies.
Frequently asked questions
What was India's defence production in FY 2024-25?
India recorded its highest-ever defence production of ₹1.54 lakh crore in FY 2024-25.
How much did India export in defence goods in FY 2024-25?
India's defence exports reached ₹23,622 crore in FY 2024-25, compared with less than ₹1,000 crore in 2014.
What was the private sector's role in defence production?
The private sector's share rose from 21% in FY 2023-24 to 23% in FY 2024-25, with around 16,000 MSMEs strengthening the defence ecosystem.
How many defence contracts did MoD sign in FY 2024-25?
The Ministry of Defence signed 193 contracts valued at ₹2,09,050 crore in FY 2024-25.
Why is this topic important for competitive examinations?
It links defence indigenisation, exports, MSME participation, and the 2029 targets of ₹3 lakh crore in defence manufacturing and ₹50,000 crore in defence exports.
