India’s defence sector is witnessing a resurgence, fueled by surging exports, robust production targets, and rising global demand. Defence exports jumped to ₹23,622 crore in FY25, while India eyes ₹50,000 crore by FY29. Structural reforms, indigenisation, and geopolitical tensions are creating strong multi-year tailwinds, positioning Indian defence stocks for a potential long-term rally.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets