Mumbai, June 17 -- India's annual defence production has surged to an all-time high of Rs 1.78 lakh crore in the Financial Year (FY) 2025-26. The milestone represents a 15.6% growth over the previous fiscal year's output of Rs 1.54 lakh crore and a staggering 110% increase since FY 2020-21 when the figure was Rs 84,643 crore. The indigenous defence production has increased almost four times from Rs 43,746 crore in FY 2013-14. Defence Public Sector Undertakings and other PSUs accounted for approximately 76% of total production, while the private sector contributed 24%, which is a rise from 22% in FY 2024-25. The share of the private sector is at its all-time high of around Rs 42,000 crore in FY 2025-26, reflecting its expanding role in the...