How The Defence Sector Stands To Benefit After Budget 2024
The Interim budget has set aside ₹1.72 lakh crore for capital expenditure on the military, up 6.2% from the ₹1.62 lakh crore allocation made last year.The government of India, on Thursday, hiked its defence budget by 4.5% to ₹6.21 lakh crore for FY25 from last year’s allocation of ₹5.94 lakh crore.Additionally, in line with the country’s ‘Make-in-India’ initiative and focus on improving domestic