Defence Minister Rajnath Singh on Friday mentioned that India has reached the highest-ever development within the worth of defence gadgets’ manufacturing in 2023-24. He mentioned the nation took a major leaps below the ‘Make in India’ initiative and manufacturing values surged from the fiscal 12 months 2022-2023 by 16.8 per cent to Rs. 1,26,887 crores in FY 2023-2024.
“The Make in India programme is crossing new milestones, 12 months after 12 months, below the management of PM Narendra Modi. India has registered the best ever development within the worth of defence manufacturing in 2023-24. The worth of manufacturing has reached to Rs. 1,26,887 crore in 2023-24 which is 16.8% greater than the worth of manufacturing of earlier monetary 12 months. Many congratulations to our trade together with DPSUs, different PSUs manufacturing defence gadgets and the Non-public trade. The Authorities is dedicated to create extra conducive regime for creating India as main World Defence Manufacturing Hub,” the Minister mentioned in a put up on X.
The Make in India programme is crossing new milestones, 12 months after 12 months, below the management of PM Shri @narendramodi.
India has registered the best ever development within the worth of defence manufacturing in 2023-24. The worth of manufacturing has reached to Rs. 1,26,887 crore in…
— Rajnath Singh (@rajnathsingh) July 5, 2024
(It is a creating story)