NEW DELHI: The Indian defence sector has witnessed unprecedented growth in indigenous production during the financial year 2023-24, reaching a record-high value of Rs 1,26,887 crore. This represents a 16.7 per cent increase from the previous year's production of Rs 1,08,684 crore. The surge in output underscores the successful implementation of government policies to boost self-reliance in defence manufacturing, the defence ministry announced on Tuesday.
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