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<h1>India posts Rs1.2 lakh crore indigenous defence buys by 2024-25, targets Rs3 lakh crore manufacturing and 50k crore exports</h1> The Defence Minister announced that by end-2024-25 India procured military hardware worth Rs 1.20 lakh crore from domestic sources, reflecting policy-driven preference for indigenous procurement to enhance strategic autonomy and sovereignty. The statement highlights growth from about Rs 74,000 crore in 2021-22, defence production rising to over Rs 1.5 lakh crore in 2025, and private-sector contribution of over Rs 33,000 crore. The government stressed policy initiatives favoring domestic sourcing, urged states and UTs to support defence manufacturing, prioritized capabilities for non-contact warfare, and set targets of Rs 3 lakh crore in manufacturing and Rs 50,000 crore in exports by 2029.