Defence Stocks In Focus: ₹79,000 Crore Investment To Drive Manufacturing & Exports

Описание: India’s defence sector is set for a major boost as the Defence Acquisition Council clears ₹79,000 crore in investments for the armed forces. Abhishek Basumallick, Co-founder & Fund Manager, Shree Rama Managers say this move will not only enhance domestic defence capabilities but also open doors for global exports. With Europe doubling defence spending and outsourcing manufacturing, India’s strategic collaborations position the country as a key player in global defence production. The nature of defence spending is also evolving, focusing more on electronics, surveillance, and drones rather than just traditional army hardware. Analysts predict this shift will drive significant incremental demand and establish defence as a major driver of India’s manufacturing growth in the coming years. Listen in

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