What Happened
Defence Minister Pushes Self-Reliance To Stay Future-Ready
India’s defence output has reached ₹1.78 lakh crore in FY26, with Defence Minister Rajnath Singh emphasizing the importance of self-reliance for future readiness. The country’s domestic defence production has surged from ₹46,000 crore in 2014, with defence exports growing to ₹4,561 crore in FY 2025-26. The corporatisation of the Ordnance Factory Board has also boosted production and exports, with ambitious targets set for the coming years. This development was reported by The Economic Times.