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India's annual defence production hits record high of Rs 1.27 lakh crore in FY 2023-24, PM Narendra Modi describes development as 'encouraging'

India's annual defence production hits record high of Rs 1.27 lakh crore in FY 2023-24, PM Narendra Modi describes development as 'encouraging'

Jul 05, 2024, at 08:18 pm

India's Ministry of Defence on Friday said it achieved the highest-ever growth in indigenous defence production in value terms during Financial Year (FY) 2023-24, on the back of successful implementation of the policies and initiatives of the Government.