Defense Minister Rajnath Singh attributes the 15% growth in financial year 2025-26 to policy initiatives India’s defense production surged in the financial year that ended in March, driven by initiatives under the Make in India program as its defense industrial base rapidly expands. Defense Minister Rajnath Singh said defense production surged 15% in financial year 2025-26 to $21 billion – from $18 billion a year ago. New Delhi is seeking to reduce dependence on imports while developing