Indian Defence Market Set For 14 Pc Annual Growth Amid Government’s Indigenization Push: Report

New Delhi: The potential market opportunity for Indian defence companies is expected to rise at 14 per cent CAGR (compound annual growth rate) over financial year (FY) 2024-FY 2030E (estimated), driven by the government’s indigenisation focus on export opportunity, Jefferies said in its sectoral report.Citing factors such as global geopolitical tensions and India’s rising focus on self-reliance,
New Delhi: The potential market opportunity for Indian defence companies is expected to rise at 14 per cent CAGR (compound annual growth rate) over financial year (FY) 2024-FY 2030E (estimated), driven by the government’s indigenisation focus on export opportunity, Jefferies said in its sectoral report.Citing factors such as global geopolitical tensions and India’s rising focus on self-reliance,
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