India's Defense Production Surges Nearly Fourfold: A Decade of Growth and Self-Reliance

Addressing the nation on Independence Day, Prime Minister Narendra Modi spotlighted the transformative growth in India's defense manufacturing, budget allocations, and export capabilities over the past decade.

Key Highlights:
- Production & Budget Growth: Defense production reached 1.78 lakh crore rupees in 2025-26, while the defense budget expanded significantly from 2.53 lakh crore rupees in 2013-14 to 7.85 lakh crore rupees in 2026-27.
- Massive Export Surge: Defense exports witnessed a phenomenal 56-fold increase from 686 crore rupees in 2013-14 to 38,424 crore rupees in 2025-26, with India supplying equipment to over 80 countries.
- Industrial Corridors & Innovation: Uttar Pradesh and Tamil Nadu defense industrial corridors have attracted commitments of around 70,000 crore rupees, while initiatives like iDEX connect hundreds of startups and MSMEs to indigenous defense development.