Doubled in 5 years: India's military-industrial moment has arrived

India's defence production has surged to a record Rs 1.78 lakh crore in FY26, nearly quadrupling since 2013-14. This growth, fueled by the Aatmanirbhar Bharat program and a record defence budget, signifies the emergence of a robust defence-industrial ecosystem with expanding private sector participation and record exports.

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