Page 9 - Aerospace Unit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Private sector companies in India have played a significant role in the country s defence production, contributing Rs 16,411 crore in fiscal year 2023-24, marking the highest share since 2016-17. Despite a decrease from the previous year, this contribution accounted for 22 per cent of the total defence production of Rs 74,739 crore. The government s push for local defence production, record high defence exports, and investments in defence corridors in Uttar Pradesh and Tamil Nadu aim to boost domestic manufacturing and reduce reliance on imports.

Tamil naduUttar pradeshIndia generalRajnath singhTamil nadu aerospaceUttar pradesh expressways industrial development authorityAerospace unitTamil nadu industrial development corporationExpressways industrial development authorityGe aerospaceBharat electronicsDepartment of defence productionHindustan aeronautics limitedMinistry of defenceDefence productionPrivate sector