India targets ₹3 lakh crore defence production by 2029: How far has it come and what is the government doing?

India's defence production reached ₹1.78 lakh crore in FY2025-26, while exports touched ₹38,424 crore. With the government targeting ₹3 lakh crore in annual production and ₹50,000 crore in exports by 2029, here's a look at the manufacturing progress, key defence initiatives and the road ahead.