India's defence production has exceeded $12 billion for the first time in 2022-23.

This is a significant achievement for India, as it shows that the country is 

becoming more self-reliant in defence production. 

Here are some of the benefits of increasing defense production in India: 

Increased self-reliance: India will become more self-reliant in defense production, which will reduce its dependence on imports. 

Job creation: Increased defense production will create jobs in the defense sector, which will boost the economy. 

Technology development: Increased defense production will lead to the development of 

new technologies, which can be used in other sectors of the economy. 

Export potential: Increased defense production will increase India's export potential, which can boost the economy. 

National security: Increased defense production will strengthen India's 

national security, as it will reduce its dependence on foreign arms.