In financial year 2023, the production value of defense manufacturing sector in India reached 1,086 billion Indian rupees, the highest during the presented period. The majority of the production value was contributed by public sector undertakings.
Value of defense production in India from financial year 2017 to 2024
(in billion Indian rupees)
*until September 21, 2023.
India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.
One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of September 2023).
The source did not provide a release date. Thus, the date given here is date of data access.
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Department of Defence Production (India). (September 21, 2023). Value of defense production in India from financial year 2017 to 2024 (in billion Indian rupees) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1327793/india-defense-production-value/
Department of Defence Production (India). "Value of defense production in India from financial year 2017 to 2024 (in billion Indian rupees)." Chart. September 21, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1327793/india-defense-production-value/
Department of Defence Production (India). (2023). Value of defense production in India from financial year 2017 to 2024 (in billion Indian rupees). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1327793/india-defense-production-value/
Department of Defence Production (India). "Value of Defense Production in India from Financial Year 2017 to 2024 (in Billion Indian Rupees)." Statista, Statista Inc., 21 Sep 2023, https://www.statista.com/statistics/1327793/india-defense-production-value/
Department of Defence Production (India), Value of defense production in India from financial year 2017 to 2024 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1327793/india-defense-production-value/ (last visited October 31, 2024)
Value of defense production in India from financial year 2017 to 2024 (in billion Indian rupees) [Graph], Department of Defence Production (India), September 21, 2023. [Online]. Available: https://www.statista.com/statistics/1327793/india-defense-production-value/