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Fold Since FY17, But Import Dependence Persists – Outlook Business

Published on: May 6, 2026, 3:44 p.m. | Source: Outlook Business

Defence production reached a record ₹1.54trn in FY2025, nearly 3.2 times the FY2015 level. The government is targeting ₹3trn in production by FY2029

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