Defence Stocks Rally As Govt Announces Big R&D Push And 5-Year Growth Roadmap

Описание: Defence sector stocks gained strong momentum after the government signaled a significant push toward research and development over the next five years. Defence Minister Rajnath Singh is holding a strategy meeting with major defence PSUs to review progress from the last decade and outline the roadmap for future innovation, indigenisation and exports. A substantial portion of the newly allocated R&D budget will flow to public sector companies, though private defence manufacturers are also expected to benefit meaningfully. The key focus areas include advanced technology development, improving R&D productivity, enhancing domestic manufacturing capabilities and strengthening India’s position as a defence exporter. The announcement boosted investor sentiment, with all stocks in the NSE Defence Index trading higher amid expectations of sustained sector growth.

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