Govt Raises Defence Budget to Rs 7.85 Lakh Cr; Targets Rs 3 Lakh Cr Production, Rs 50,000 Cr Exports by 2029: Rajnath Singh

Govt Raises Defence Budget to Rs 7.85 Lakh Cr; Targets Rs 3 Lakh Cr Production, Rs 50,000 Cr Exports by 2029: Rajnath Singh New Delhi, Nov 4 (KNN) India's defence budget for the financial year 2026-27 has been increased to a record Rs 7.85 lakh crore, including a capital outlay of Rs 2.19 lakh crore for modernisation and capital acquisitions, according to Defence Minister Rajnath Singh. The government aims to increase defence production to Rs 3 lakh crore and defence exports to Rs 50,000

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