India Targets ₹3 Lakh Crore Defence Production and ₹50,000 Crore Exports by 2029
The government’s target of ₹3 lakh crore in annual defence production represents a substantial expansion from the current level. Moving from ₹1.78 lakh crore to ₹3 lakh crore would require an increase of more than ₹1.2 lakh crore over the next several years, making sustained serial production across multiple major programmes essential.