Defence Sector Achieves Decades Worth of Growth Compressed Into A Single Year

The Indian defence sector is experiencing significant growth, with projections indicating a compound annual growth rate (CAGR) of 14% from FY 2024 to FY 2030. This growth is driven by several factors, including the government’s focus on indigenisation, increasing export opportunities, and rising geopolitical tensions globally. According to a recent report by Jefferies, India’s defence spending is
The Indian defence sector is experiencing significant growth, with projections indicating a compound annual growth rate (CAGR) of 14% from FY 2024 to FY 2030. This growth is driven by several factors, including the government’s focus on indigenisation, increasing export opportunities, and rising geopolitical tensions globally. According to a recent report by Jefferies, India’s defence spending is
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