India Aims for ₹3 Lakh Crore Defence Production by 2029
Category | Details |
---|---|
Production Targets | ₹1.60 lakh crore in 2025; ₹3 lakh crore by 2029. |
Export Targets | ₹30,000 crore in 2025; ₹50,000 crore by 2029. |
Strategic Vision | Self-reliance in defence manufacturing; reduce import dependency. |
Innovation Focus | Emphasis on Make in India; new battlefields: cyber, space, narrative warfare. |
Institutional Reforms | Corporatisation of Ordnance Factories (200+ years old) into profit-making units. |