In financial year 2023, the value of defense production by private companies in India reached almost 211 billion Indian rupees, the highest production value during the presented period . The majority of the defense production value in India was generated by public sector undertakings together with ordnance factory board.
Value of private companies defense production in India from financial year 2017 to 2024
(in billion Indian rupees)
*until September 21, 2023.
India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.
One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of September 2023).
The source did not provide a release date. Thus, the date given here is date of data access.
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Department of Defence Production (India). (September 21, 2023). Value of private companies defense production in India from financial year 2017 to 2024 (in billion Indian rupees) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1344928/india-private-companies-defense-production-value/
Department of Defence Production (India). "Value of private companies defense production in India from financial year 2017 to 2024 (in billion Indian rupees)." Chart. September 21, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1344928/india-private-companies-defense-production-value/
Department of Defence Production (India). (2023). Value of private companies defense production in India from financial year 2017 to 2024 (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1344928/india-private-companies-defense-production-value/
Department of Defence Production (India). "Value of Private Companies Defense Production in India from Financial Year 2017 to 2024 (in Billion Indian Rupees)." Statista, Statista Inc., 21 Sep 2023, https://www.statista.com/statistics/1344928/india-private-companies-defense-production-value/
Department of Defence Production (India), Value of private companies defense production in India from financial year 2017 to 2024 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1344928/india-private-companies-defense-production-value/ (last visited December 21, 2024)
Value of private companies defense production in India from financial year 2017 to 2024 (in billion Indian rupees) [Graph], Department of Defence Production (India), September 21, 2023. [Online]. Available: https://www.statista.com/statistics/1344928/india-private-companies-defense-production-value/
