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Orgo-Life the new way to the future Advertising by AdpathwayDefence production has risen 140% since FY17, while private-sector output has grown 198%, as policy reforms increasingly open strategic programmes to industry.
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Armoured vehicles, artillery, and small arms have emerged as areas where private firms have made inroads | Photo: Aaron Irvin via Wikimedia Commons
6 min read
Last Updated :
Aug 12 2026 | 11:30 PM
IST
One sector that missed out on the reforms bus in 1991, when the P V Narasimha Rao government liberalised the India economy, was defence. It wasn’t until a decade later that the sector long reserved for state-owned firms was opened up to private enterprise in 2001.
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