Wednesday, Apr 29, 2026
SSBCrack
Search
  • Home
  • Indian Defence News
  • Notification
  • SSB Interview
    • SSB Interview Date
    • Screening
    • Psychology
    • GTO
    • Personal Interview
    • Conference
    • Medical
    • Merit List
  • Books
    • OIR Test & PPDT
    • SSB Interview
    • Psych Tests Workbook
    • SSB Psychology
    • NDA Exam
    • CDS Exam
    • AFCAT
    • EKT
  • eBooks
    • SSB eBook
    • OIR Test eBook
    • TAT eBook
    • SRT eBook
    • WAT eBook
    • Current Affairs
    • General Knowledge
  • Online Courses
    • NDA Exam
    • CDS Exam
    • CDS OTA Exam
    • AFCAT Exam
    • MNS Exam
    • TA Exam
    • ACC Exam
  • Download APP
  • Success Stories
  • Join Us
Reading: India Targets Rs 3 Lakh Crore in Defence Production and Rs 50,000 Crore in Exports by 2029
Share
Font ResizerAa
SSBCrackSSBCrack
  • Home
  • Notification
  • SSB Interview
  • Books
  • eBooks
  • Courses
Search
  • Home
  • Notification
  • SSB Interview
  • Books
  • eBooks
  • Courses
Follow US
© 2010 - 2026 SSBCrack . All Rights Reserved.

Home » India Targets Rs 3 Lakh Crore in Defence Production and Rs 50,000 Crore in Exports by 2029

Indian Defence News

India Targets Rs 3 Lakh Crore in Defence Production and Rs 50,000 Crore in Exports by 2029

By SSBCrack
Last updated: August 31, 2024
Share
zen defexpo22 28

At a significant event in Thiruvananthapuram, Kerala, Raksha Mantri Shri Rajnath Singh highlighted the substantial progress India is making towards Prime Minister Narendra Modi’s vision of ‘Aatmanirbhar Bharat’ (Self-Reliant India). The Defence Minister emphasized that self-reliance across all sectors is crucial for a strong economy, and India is advancing rapidly on this path.

IMA Mug

IMA Mug

₹499
Shop Now
IAF Mug

IAF Mug

₹499
Shop Now
NDA Mug

NDA Mug

₹499
Shop Now
Navy Mug

Navy Mug

₹299
Shop Now
NSG Mug

NSG Coffee Mug

₹499
Shop Now

Shri Singh detailed several pivotal measures undertaken by the Government to fortify India’s defence capabilities and stimulate innovation. Notably, he mentioned the establishment of Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu, and the issuance of five Positive Indigenisation Lists, encompassing over 5,500 items to boost domestic manufacturing. A significant milestone in these efforts is the commencement of manufacturing GE-414 engines in India, marking a significant leap in the country’s engine production capability.

PIC 7 2

During his recent visit to the United States, the Raksha Mantri engaged in productive discussions with US defence companies, who expressed keen interest in joining India’s ‘Make In India’ initiative. This collaboration aims to reduce reliance on imports, which has shifted dramatically from 65-70% to 65% of defence equipment now being manufactured domestically.

More Read

Major Shubham Tyagi Tops Advance Armament Course at EME School Vadodara; Botswana Officer Wins Excellence Medal
ICG Aviators Pass Out from 19th Chetak Operational Conversion Course at Daman
COAS General Upendra Dwivedi Visits Madhya Bharat Area, Reviews Operational and Logistics Preparedness
defence

The Raksha Mantri also shared impressive figures indicating that annual defence production has surpassed Rs 1.27 lakh crore, with a target set to reach Rs 1.75 lakh crore in the current fiscal year. He expressed confidence that by 2029, defence production would reach Rs three lakh crore, with defence exports anticipated to rise to Rs 50,000 crore from Rs 21,000 crore in the previous financial year.

On the international stage, Shri Singh noted the growing global influence of India, evidenced by Prime Minister Modi’s recent diplomatic engagements in Russia and Ukraine, where he was recognized as a significant global leader. He also highlighted the bestowal of Russia’s highest civilian honour on Prime Minister Modi, underscoring India’s enhanced stature worldwide.

EHz1NixVAAAuLVU

Domestically, Shri Singh praised the transformative changes over the past decade, attributing them to both governmental efforts and public participation. These changes range from economic reforms and social transformations to cultural revivals and political shifts, branding the last decade as a period of epochal change with the Prime Minister and the government as pivotal ‘Change Makers’.

The Raksha Mantri also touched on the robust growth of India’s economy, which has not only emerged from being one of the ‘Fragile Five’ to being among the ‘Fabulous Five’ globally but is also projected to become the third largest economy by 2027. He highlighted the controlled inflation rate and the explosive growth of the startup ecosystem, reinforcing the government’s commitment to good governance, punctuated by high capital expenditure and strategic investments in welfare schemes.

Concluding his speech, Shri Singh reaffirmed the government’s dedication to enhancing women’s safety and empowerment, citing legislative reforms and increased participation of women in the Armed Forces as key indicators of this commitment.

Shri Rajnath Singh’s address underscored India’s strides toward becoming a self-reliant nation, poised for unprecedented growth and global leadership in the coming years.

IMA Mug

IMA Mug

₹499
Shop Now
IAF Mug

IAF Mug

₹499
Shop Now
NDA Mug

NDA Mug

₹499
Shop Now
Navy Mug

Navy Mug

₹299
Shop Now
NSG Mug

NSG Coffee Mug

₹499
Shop Now
TAGGED:Indian Army
Share This Article
Facebook Whatsapp Whatsapp Telegram
BySSBCrack
Follow:
The Editorial Team at SSBCrack comprises seasoned journalists, professional content writers, and dedicated defence aspirants with deep domain knowledge in military affairs, national security, and geopolitics.
Previous Article GWP3JAvXQAEKxUH General Upendra Dwivedi Inaugurated Project NAMAN to Support Veterans and Their Families
Next Article GWS9yBoWEAAzDn Lt Gen Naveen Sachdeva Reviews Operational Preparedness in Doda-Kishtwar Region

TRENDING NEWS

Major Sharyf Bhonsle

Indian Army Begins Termination Proceedings Against Missing Special Forces Officer

April 23, 2026
Lieutenant Kashish Methwani Army

Meet Lieutenant Kashish Methwani: Beauty Queen Who Turned Down Harvard for the Indian Army

April 28, 2026
Wing Commander Pooja Thakur

Meet Wing Commander Pooja Thakur: India’s First Woman Guard of Honour Commander

April 25, 2026
Wing Commander Mandeep Singh Dhillon

Meet Wing Commander Mandeep Singh Dhillon: IAF Helicopter Pilot Who Made the Supreme Sacrifice Saving Flood-Hit Civilians

April 27, 2026

YOU MAY ALSO LIKE

Major Shubham Tyagi Tops Advance Armament Course at EME School Vadodara; Botswana Officer Wins Excellence Medal
April 29, 2026
ICG Aviators Pass Out from 19th Chetak Operational Conversion Course at Daman
April 29, 2026
COAS General Upendra Dwivedi Visits Madhya Bharat Area, Reviews Operational and Logistics Preparedness
April 29, 2026
Jodhpur Runway Reopens After Resurfacing, Civil Flights Resume from April 28
April 29, 2026
DRDO Unveils ‘Vikram VT-21’ Infantry Combat Vehicles, Army Induction Targeted by 2029
April 29, 2026
SSBCrack-Logo (2)

SSBCrack.com is a leading online platform dedicated to helping Indian defence aspirants prepare for the various armed forces examinations.

  • About Us
  • Cookie Policy
  • We Are Hiring
  • Write for SSBCrack
  • Share Your Story
  • Contact Us
  • SSBCrackExams
  • SSBCrack Hindi
  • SSBCrack News
  • SSB Interview Coaching
  • SSB Interview eBooks
  • Cookie Policy
  • Copyright Policy
  • Disclaimer
  • Terms and Conditions
  • PPDT Pictures
  • 15 OLQs for SSB
  • SSB Dress Code
  • SSB Rapid Fire Questions
  • SSB Interview Questions
  • SSB Interview Screening Test
  • SSB Interview Conference Questions
  • SSB Interview Process
  • Preparation Books
  • Online Courses
  • NDA Exam
  • CDS Exam
  • AFCAT
  • Success Stories
  • SSB Date
  • Screening
  • Psychology
  • Personal Interview
  • GTO
  • Conference
  • SSB Medical
  • Merit List

Follow US: 

© 2010-2026 SSBCrack. All Rights Reserved.

 
 

    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?