DPSUs poised to surpass value of Rs 1.40 lakh crore for growth production

New Delhi, 27 May 2025: Defence Minister Shri Rajnath Singh held a review meeting with the Chairmen and Managing Directors of eight Defence Public Sector Undertakings (DPSUs) at South Block in New Delhi.

During the meeting, he praised the entire defence industry, including the DPSUs, for their role in developing platforms and technologies that showcased the preparedness of the Indian Armed Forces during Operation Sindoor.

He emphasized that the government, under the leadership of Prime Minister Shri Narendra Modi, remains committed to strengthening the defence industrial base and enhancing the competitiveness of the DPSUs.

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The Minister has directed the DPSUs to enhance their production of the latest technologies with more focus on research and development in the emerging fields of modern warfare.

During the meeting, Secretary (Defence Production) Shri Sanjeev Kumar presented the growth statistics of the DPSUs, highlighting their steadfast performance. The value of production is poised to be more than Rs 1,40,000 crore for Financial Year 2024-25, out of which around 78% would be contributed by DPSUs.

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The Minister appreciated the increase in the value of production by DPSUs; however, he exhorted them to focus on the timely delivery of products to the Armed Forces as well as their other customers. He emphasised the role of DPSUs in increasing exports and directed them to increase their focus on better marketing of their products.

Additionally, the CMDs of eight DPSUs – HAL, MDL, Bharat Electronics Limited, Bharat Dynamics Limited, Mishra Dhatu Nigam Limited (MIDHANI), Garden Reach Shipbuilders and Engineers Limited (GRSE), Goa Shipyard Limited (GSL) & BEML Limited – presented the cheques for interim dividends on equity shares held by the government for Rs 2,138 crore for the Financial Year 2024-25.

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