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India Targets ₹3 Lakh Crore Defence Production by 2029 Amid Push for Self-Reliance

Defence Minister Rajnath Singh outlines indigenisation milestones, export goals, and efforts to address aero-engine development challenges.

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Defence minister Rajnath Singh (File photo)
Rajnath Singh (Photo: SNS)

Overview

  • India's defence production is expected to surpass ₹1.60 lakh crore in 2025, with a target of reaching ₹3 lakh crore by 2029.
  • The government has reserved 75% of the defence procurement budget for domestic companies and issued Positive Indigenisation Lists covering over 5,500 items.
  • Defence exports are projected to reach ₹30,000 crore this year, with plans to expand to ₹50,000 crore by 2029, serving around 100 countries.
  • Ongoing delays in indigenous sixth-generation aero-engine development are being addressed through international partnerships with Safran, GE, and Rolls-Royce.
  • Future conflicts are anticipated to be more technology-driven, with India expanding capabilities in cyber, space, and AI to maintain credible deterrence and strategic autonomy.