India's defence production hits record ₹1.51 lakh crore in FY 2024-25
Raksha Mantri Rajnath Singh announced on 9 August 2025 that India's annual defence production reached an all-time high of ₹1,50,590 crore in FY 2024-25, up 18% over the previous year.
Summary
India's annual defence production reached an all-time high of ₹1,50,590 crore in FY 2024-25, Raksha Mantri Rajnath Singh announced on 9 August 2025. This is an 18% rise over the ₹1.27 lakh crore of FY 2023-24 and a 90% increase since FY 2019-20, when production was ₹79,071 crore. Defence PSUs and other PSUs contributed about 77% of output and the private sector 23%, up from 21% the year before; DPSU production grew 16% and private-sector production 28%. Defence exports also hit a record ₹23,622 crore in FY 2024-25, up ₹2,539 crore (12.04%) from ₹21,083 crore in FY 2023-24.
Key facts
- FY 2024-25 production
- ₹1,50,590 crore (all-time high)
- Growth
- 18% over ₹1.27 lakh crore in FY 2023-24
- Since FY 2019-20
- +90% (from ₹79,071 crore)
- Share
- DPSUs/PSUs about 77%, private sector 23% (21% in FY24)
- Segment growth
- DPSUs +16%, private sector +28%
- Exports FY 2024-25
- ₹23,622 crore, +12.04% over ₹21,083 crore
- Announced by
- Raksha Mantri Rajnath Singh
Practice MCQs 4 questions
What was India's annual defence production in FY 2024-25, as announced by the Raksha Mantri on 9 August 2025?
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Correct answer: B — ₹1,50,590 crore
Annual defence production reached an all-time high of ₹1,50,590 crore in FY 2024-25.
By how much did India's defence production grow in FY 2024-25 over FY 2023-24?
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Correct answer: D — 18%
Production rose 18% over the ₹1.27 lakh crore recorded in FY 2023-24.
Consider the following statements about India's defence production in FY 2024-25: 1. The private sector's share of total production rose from 21% in FY 2023-24 to 23%. 2. Production by DPSUs grew faster than production by the private sector. Which of the above is/are correct?
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Correct answer: A — 1 only
Statement 1 is correct: the private sector's share rose from 21% to 23%. Statement 2 is incorrect: DPSU production grew 16% while private-sector production grew 28%.
Consider the following statements about India's defence exports and production: 1. Defence exports reached a record ₹23,622 crore in FY 2024-25. 2. Defence production in FY 2019-20 was ₹79,071 crore. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both statements are correct. Exports hit a record ₹23,622 crore in FY 2024-25 (up 12.04% from ₹21,083 crore), and production has risen 90% from ₹79,071 crore in FY 2019-20.