Defence capex to surge to ₹2.8L Cr by FY30

Defence capex to surge to ₹2.8L Cr by FY30 driven by strong 11% CAGR, with domestic sourcing exceeding 70%. This signals robust order visibility for homegrown defence players. Firms like BEL and HAL are poised to gain from increased indigenous production mandates.

📊 STOCKS: BEL, HAL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Defence