New Delhi, Oct 7: India has procured military hardware and weapons worth Rs 1.20 lakh crore from domestic sources by the end of the 2024-25 fiscal year, Defence Minister Rajnath Singh announced on Tuesday.

He said the significant increase in indigenous procurement reflects the nation’s growing self-reliance in defence manufacturing and its preparedness to tackle evolving security challenges.

Addressing an event in the national capital, the Defence Minister noted that the capital acquisition from domestic sources has witnessed a sharp rise in recent years.

“In 2021-22, our capital acquisition from domestic sources was around Rs 74,000 crore. By the end of 2024-25, it has increased to approximately Rs 1,20,000 crore. This change is not just about numbers but about mindset,” he added.

Hi

See Full Page