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PM lauds India’s highest-ever growth registered in defence production in 2023-24

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Maiden Landing of LCA Navy onboard INS Vikrant
Maiden Landing of LCA Navy onboard INS Vikrant

PM lauds India’s highest ever growth registered in defence production in 2023-24

By PIB Delhi

The Prime Minister, Shri Narendra Modi has lauded India’s highest ever growth registered in 2023-24 in defence production rising to Rs 1,26,887 crore, a 16.8% rise compared to the value of production of previous financial year.   

Sharing a post on X by Union Minister of Defence, Shri Rajnath Singh, the Prime Minister wrote:

“Very encouraging development. Compliments to all those who have contributed to this feat. We are fully committed to nurturing a supportive environment to further enhance our capabilities and establish India as a leading global defence manufacturing hub. This will enhance our security apparatus and make us Aatmanirbhar!”

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