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The Economic Times

Economy / The Economic Times

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Defence production up 15%; private sector share climbs to 24%

India's defence production has hit a record high of 1.78 lakh crore. This growth is fueled by the private sector, with exports also reaching new peaks. New ammunition hubs are set to boost production further. Defence Minister Rajnath Singh aims for 3 lakh crore production by 2029.

18 Jun 2026 12:30 am