Value of defence production crosses Rs 1 lakh crore mark in FY 2022-23

For the first time, the value of India’s defence production has crossed Rs one lakh crore mark in the financial year 2022-23, the defence ministry said on Friday.

The value of total defence production in the country in 2021-22 was over Rs 95,000 crore.

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In the last few years, the government has taken a series of measures to promote the domestic defence industry.

Value of defence production crosses Rs 1 lakh crore mark in FY 2022-23

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