India's defence exports soar to Rs 21,083 crore, SIDM reports

India's defence sector has achieved record-breaking production and export figures, with Rs 1.27 lakh crore in production and Rs 21,083 crore in exports for FY 2023-24. This growth, driven by the 'Aatmanirbhar Bharat' initiative and strategic government policies, highlights the significant contributions of both public and private sectors. The Society of Indian Defence Manufacturers (SIDM) has played a crucial role in this transformation, advocating for industry interests and fostering innovation. SIDM remains committed to supporting India’s pursuit of becoming a global defence leader.