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India Targets Rs 3 Lakh Crore Defence Production by 2029

Defence Minister Rajnath Singh highlights growth in domestic manufacturing, export expansion, and efforts to bridge key technological gaps at Defence Conclave 2025.

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

Overview

  • India's defence production is expected to exceed Rs 1.60 lakh crore in 2025, with a roadmap to reach Rs 3 lakh crore by 2029.
  • 75% of the defence capital procurement budget is reserved for domestic companies, promoting self-reliance and reducing import dependency.
  • Defence exports have risen significantly, targeting Rs 30,000 crore in 2025 and Rs 50,000 crore by 2029, with products now being sent to around 100 countries.
  • Manufacturing aero engines remains a key technological challenge, with ongoing discussions involving global firms such as Safran, GE Aerospace, and Rolls-Royce.
  • India is positioning itself as a leader in global defence supply chains while preparing for future technology-driven conflicts in cyber and space domains.