Prime Minister Narendra Modi on Friday lauded the new milestone achieved by the defence sector in India, after the Ministry of Defence announced the highest-ever growth in production in 2023-24. PM Modi posted on X that the remarkable growth will enhance the country’s security and make India more self-reliant.

“Very encouraging development. Compliments to all those who have contributed to this feat,” PM Narendra Modi posted on X, formerly Twitter.

We are fully committed to nurturing a supportive environment to further enhance our capabilities and establish India as a leading global defence manufacturing hub. This will enhance our security apparatus and make us Aatmanirbhar!,” he further said.

This comes shortly after defence minister Rajnath Singh said in an official statement that India’s annual defence production has hit a record high of approximately ₹1.27 lakh crore in 2023-24, with the Make in India programme crossing new milestones.

“The Ministry of Defence has achieved the highest-ever growth in Indigenous defence production in value terms during the financial year (FY) 2023-24, on the back of successful implementation of the policies and initiatives of the government, led by Prime Minister Narendra Modi, focussing on achieving ‘Aatmanirbharta’,” the defence ministry said in a statement on Friday.