Goldman Sachs identifies key growth drivers for its stock picks in India’s defence sector. The domestic defence market is expected to surge sixfold over 20 years, exceeding Rs 10 lakh crore. Opportunities exist for indigenisation at the lower tech levels, while...
India’s defence sector is undergoing significant transformation, with a budget allocation of ₹6.81 trillion for 2025-26, marking a 9.5% increase. Defence exports reached ₹21,083 crore in FY 2023-24, and the sector aims for $5 billion in exports by 2025....
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