“Rajnath Singh chairs defence modernisation meeting in Jaisalmer, targets ₹3 lakh crore production by 2029”

Key points

• Rajnath Singh chaired the defence modernisation meeting in Jaisalmer.
• Government aims to boost defence production to ₹3 lakh crore by 2029.
• Defence budget for FY 2026-27 raised to ₹7.85 lakh crore with ₹2.19 lakh crore for modernisation.
• Domestic defence production rose from ₹46,429 crore (FY2014-15) to ₹1.78 lakh crore (FY2025-26).
• Defence exports grew from under ₹2,000 crore in 2014 to about ₹40,000 crore.