India plans third Navy base in Lakshadweep to counter China

India plans third Navy base in Lakshadweep to counter China. The move aims to strengthen maritime security amid rising Chinese naval presence in the Arabian Sea. This could lead to ₹5,000+ crore in defense infrastructure spending and boost orders for domestic defense PSUs. Key players include BEL, HAL, and GRSE.

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