Rajnath sets ₹3 lakh crore defence production goal for 2029
Exports are targeted at ₹50,000 crore; production hit a record ₹1.78 lakh crore in 2025-26, so the goal needs about 70% more in three years
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Defence minister Rajnath Singh said the government aims for ₹3 lakh crore of defence production and ₹50,000 crore of exports by 2029.
He spoke at a meeting of Parliament's consultative committee on the defence ministry in Jaisalmer on Tuesday.
Production was a record ₹1.78 lakh crore in 2025-26, and exports ₹38,424 crore, ministry data shows.