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1. What was the year-on-year growth rate in India's defence production from fiscal year 2022-23 to 2023-24?
India's defence production in fiscal year 2023-24 reached a record high of Rs 1,26,887 crore, marking a growth rate of 16.7% compared to the previous fiscal year. This substantial increase underscores India's advancing capabilities and commitment to bolstering domestic manufacturing in the defence sector, reflecting a significant milestone towards achieving self-reliance.