India's defence production rises 15.6% to all-time high of ₹1.78 lakh crore in FY26

India's defence production touched an all-time high of ₹1.78 lakh crore in 2025-26, registering a growth of 15.6% over the previous fiscal, Defence Minister Rajnath Singh said on Wednesday.

In a post on X, Singh said the country's annual defence production rose to ₹1.78 lakh crore in FY26 from ₹1.54 lakh crore in 2024-25.

"This milestone represents an impressive 15.6 per cent growth over the previous fiscal year's output of ₹1.54 lakh crore and a staggering 110 per cent increase since FY 2020-21, when the figure stood at ₹84,643 crore," he said.

The defence minister credited the growth to the government's push for self-reliance in the sector and increased participation of domestic industry.

"Under the inspiring leadership of PM Shri Narendra Modi, India's defence production is reaching new heights every year," Singh said.

According to the minister, indigenous defence production has increased nearly fourfold from ₹43,746 crore in 2013-14.

He said the sharp rise in production in recent years was the result of the collective efforts of the Department of Defence Production and other stakeholders.

"This upward trajectory is a clear indicator of the country's expanding defence industrial base," Singh said.

He expressed confidence that the sector would continue to grow with sustained policy support, new initiatives, greater private sector participation and expanding defence exports.

"With sustained policy support, several new initiatives, increased private sector participation, and growing export capabilities, the defence production sector is poised for continued acceleration in the years ahead," the minister said.