India’s defence production reaches all-time high of over ₹1.5 lakh crore in 2024-25 fiscal

India’s annual defence production has reached an all-time high of ₹1,50,590 crore in 2024-25, Defence Minister Rajnath Singh said on Saturday (August 9, 2025).

This marks a growth of around 18% over the previous fiscal’s total of ₹1.27 lakh crore.

Under the leadership of Prime Minister Narendra Modi, India’s defence production has hit a record high, Mr. Singh said. “The annual defence production has soared to an all-time high figure of ₹1,50,590 crore in the financial year 2024-25.”

“These numbers indicate a robust 18% growth over the previous fiscal’s output of ₹1.27 lakh crore, and a staggering 90% increase since 2019-20, when the figure was ₹79,071 crore,” he said in a social media post.

The Defence Minister commended the “collective efforts” of the Department of Defence Production and all stakeholders, including the defence public sector units and the private industry, in achieving what he called a “landmark”.

“This upward trajectory is a clear indicator of India’s strengthening defence industrial base,” he said.