Value of Defence Production witnesses an increase over the last 3 years

With focus on Aatmanirbharta and efforts made to achieve self-reliance, the value of Defence Production has increased as follows in last three years:

Value of Defence Production (From 2019-2022)

2019-2020 – Rs 79,071 Crores

2020-2021 – Rs 84,643 Crores

2021-2022 – Rs 94,845 Crores

Further, with consistent efforts in last few years, many significant projects including 155mm Artillery Gun system ‘Dhanush’, Advanced Towed Artillary Guns (ATAGs), Light Combat Aircraft ‘Tejas’, Surface to Air Missile system ‘Akash’, Main Battle Tank ‘Arjun’, T-90 Tank, T-72 Tank, Armoured Personnel Carrier ‘BMP-II/IIK’, Su-30 MK1, Cheetah Helicopter, Advanced Light Helicopter, Dornier Do-228, High Mobility Trucks, INS Kalvari, INS Khanderi, INS Chennai, Anti-Submarine Warfare Corvette (ASWC), Arjun Armoured Repair and Recovery Vehicle, Bridge Laying Tank, Bi-Modular Charge System (BMCS) for 155mm Ammunition, Medium Bullet Proof Vehicle (MBPV), Weapon Locating Radar (WLR), Integrated Air Command and Control System (IACCS), Software Defined Radios (SDR), Lakshya Parachute for Pilotless Target Aircraft, Opto Electronic Sights for Battle Tanks, Water Jet Fast Attack Craft, Inshore Patrol Vessel, Offshore Patrol Vessel, Fast Interceptor Boat, Landing Craft Utility, 25 T Tugs, etc. have been produced in the country.

Noteworthy, the expenditure on defence procurement from foreign sources has reduced from 46% of overall expenditure in 2018-19 to 36.7% in December, 2022.